MONTVALE, N.J. — A&P here last week said it was in negotiations to purchase Pathmark in a $1.27 billion deal that observers said could unleash millions in cost savings and create market leadership positions in the fragmented New York-to-Philadelphia corridor. The merger, the companies said, was not complete and would be subject to several conditions, including federal and state antitrust reviews. Each company issued a press release confirming the negotiations after regulators halted ...

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