Pathmark Acquisition Ends Three Years of Anticipation

A&P last week finalized its $1.4 billion takeover of rival Pathmark Stores, creating a 450-store, $9.4 billion chain with market share leadership in metro New York and enhanced strength in the Northeast. The partnership is seeking to unleash value through a portfolio of uniquely positioned store banners; improved market share and buying power; and $150 million in cost savings, according

MONTVALE, N.J. — A&P last week finalized its $1.4 billion takeover of rival Pathmark Stores, creating a 450-store, $9.4 billion chain with market share leadership in metro New York and enhanced strength in the Northeast.

The partnership is seeking to unleash value through a portfolio of uniquely positioned store banners; improved market share and buying power; and $150 million in cost savings, according to A&P, which will combine the operations of the companies at its h

Register to view the full article

test - Advanced Registered User

Already a member? .