STORE OWNERS CONCERNED INDEPENDENT GROCERY CHAIN METRO COULD BE FOR SALE

MONTREAL (FNS) -- An association of about 200 Metro store owners (known in Canada as merchant-owners), citing persistent rumors, has said it thinks Metro (formerly known as Metro-Richelieu) is about to be sold. It said its members believe company management is about to sell Quebec's only independent grocery chain to interests outside the Canadian province. The merchants are threatening to raise funds

MONTREAL (FNS) -- An association of about 200 Metro store owners (known in Canada as merchant-owners), citing persistent rumors, has said it thinks Metro (formerly known as Metro-Richelieu) is about to be sold. It said its members believe company management is about to sell Quebec's only independent grocery chain to interests outside the Canadian province. The merchants are threatening to raise funds themselves to buy the chain which has a 35% share of the Quebec grocery market. Metro also ha

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