Regulators Approve Tops Sale

Federal antitrust authorities have given their approval to Morgan Stanley’s purchase of the Tops Markets chain from Ahold.

BUFFALO, N.Y. — Federal antitrust authorities have given their approval to Morgan Stanley’s purchase of the Tops Markets chain from Ahold. The $310 million deal was included on a list of “early terminations” of the Hart-Scott-Rodino Act issued by the Federal Trade Commission Wednesday. Tops, based here, operates 71 stores. Morgan Stanley Private Equity announced a deal to purchase the stores last month.

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