REPORT: SUPERMARKET M&A ACTIVITY UP IN 2003 nies were among the most acquisitive entities in the food industry in the first half, largely because of Fleming's asset sales, according to a report issued last week by The Food Institute, based here. The 20 supermarket transactions in the first half compare with 12 in the first half of 2002. Overall, food-industry merger and acquisition activity was down 11% in the first half, vs. the first half of 2002, with 194 total transactions. While ...

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