STOP & SHOP TO BUY PURITY SUPREME CHAIN

BOSTON -- Stop & Shop Cos. here said last week it has entered into a definitive agreement to purchase Purity Supreme, North Billerica, Mass., for about $255 million.The combined sales of the two chains would be about $4.7 billion, which would allow Stop & Shop to move from the 14th to the 12th largest volume chain in the United States if it is not required to divest too many overlapping locations

BOSTON -- Stop & Shop Cos. here said last week it has entered into a definitive agreement to purchase Purity Supreme, North Billerica, Mass., for about $255 million.

The combined sales of the two chains would be about $4.7 billion, which would allow Stop & Shop to move from the 14th to the 12th largest volume chain in the United States if it is not required to divest too many overlapping locations by federal regulatory agencies.

The sale is expected to close during the

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