PATHMARK TAKES FIRST FORMAL STEPS TO BUY BIG V

CARTERET, N.J. -- Pathmark Stores here said last week it has signed a confidentiality agreement with Big V Supermarkets and begun due diligence in pursuit of acquiring the 38-store chain.However, it's still too early to determine the ultimate outcome, Jim Donald, chairman, president and chief executive officer, said during a conference call with industry analysts to discuss Pathmark's financial results

CARTERET, N.J. -- Pathmark Stores here said last week it has signed a confidentiality agreement with Big V Supermarkets and begun due diligence in pursuit of acquiring the 38-store chain.

However, it's still too early to determine the ultimate outcome, Jim Donald, chairman, president and chief executive officer, said during a conference call with industry analysts to discuss Pathmark's financial results for the second quarter ended Aug. 4.

"We are actively investigating a pote

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