SHAW'S TO YIELD REVERSE SYNERGIES

NEW YORK -- The pending acquisition of Shaw's Supermarkets by Albertsons offers the possibility of "more reverse synergies than I've seen in 30 years of doing acquisitions," Larry Johnston, chairman and chief executive officer of the Boise, Idaho-based company, said here last week."Many of the things Shaw's does will be exported back over the Albertsons network," Johnston told an audience of investors

NEW YORK -- The pending acquisition of Shaw's Supermarkets by Albertsons offers the possibility of "more reverse synergies than I've seen in 30 years of doing acquisitions," Larry Johnston, chairman and chief executive officer of the Boise, Idaho-based company, said here last week.

"Many of the things Shaw's does will be exported back over the Albertsons network," Johnston told an audience of investors at the seventh annual retail seminar sponsored by Lehman Bros. here.

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