A&P, Pathmark Agree to Terms of Merger

MONTVALE, N.J. -- A&P here on Monday said it had signed a definitive agreement to acquire Carteret, N.J.-based Pathmark Stores for $1.3 billion in cash, stock and debt, and would position its former rival as a distinct store format.

MONTVALE, N.J. -- A&P here on Monday said it had signed a definitive agreement to acquire Carteret, N.J.-based Pathmark Stores for $1.3 billion in cash, stock and debt, and would position its former rival as a distinct store format. The deal, expected to close in the second half of the year, has been approved by the boards of directors of both companies but requires approval by federal and state antitrust authorities and the stockholders of both companies. Christian Haub,

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