BENTONVILLE, Ark. -- Wal-Mart Stores here said it has reached a settlement with a Mexican wholesaler for an amount less than the $624 million a San Antonio jury ordered Wal-Mart to pay.
alores Corp., Monterrey, Mexico, and McLane in 1993 -- shortly after Wal-Mart acquired McLane -- because of an ongoing partnership Wal-Mart had with Cifra, Mexico's largest retailer.
Wal-Mart last week declined to discuss terms of its out-of-court settlement with Valores. However, it said the a