NEWSWATCH

AHOLD MOVES TO FINALIZE PEAPOD MERGERe said it expected to complete its merger with Peapod late last week following completion of its tender offer for all outstanding common shares of the Internet-based shopping service. As part of the offer, Ahold paid $2.15 per share for Peapod stoc, in a deal valued at approximately $35 million. When the tender offer was completed, Ahold said it owned approximately

AHOLD MOVES TO FINALIZE PEAPOD MERGER

e said it expected to complete its merger with Peapod late last week following completion of its tender offer for all outstanding common shares of the Internet-based shopping service. As part of the offer, Ahold paid $2.15 per share for Peapod stoc, in a deal valued at approximately $35 million. When the tender offer was completed, Ahold said it owned approximately 82.6% of Peapod's stock, up from 58%. The company said last week it planned to

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