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A&P files 14-day notice with FTC over Pathmark acquisition

11/19/2007

MONTVALE, N.J. Grocer A&P announced on Monday that it has filed the 14-day notice period with the Federal Trade Commission, stating that it may consummate its acquisition of Pathmark any time after Nov. 27. It expects the deal to close in early December.

It also has reached an agreement with the FTC regarding required divestitures, and has entered asset purchase agreements with specific buyers for certain stores. The final agreement is subject to approval by the commissioners of the FTC, which it expects to obtain.

A&P operates 315 stores in six states and the District of Columbia under the trade names A&P, Waldbaum’s, The Food Emporium, Super Foodmart, Super Fresh and Food Basics.

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