LA HABRA, Calif. -- Food 4 Less Supermarkets here said last week it is oversubscribed on two bond issues totaling $450 million it will offer for sale next week. The consummation of the bond offering will be the final step in the $1.5 billion merger between Food 4 Less and Ralphs Grocery Co., Compton, Calif., which is scheduled to be finalized June 14. The merger will create a company -- to be called Ralphs -- that will operate about 332 supermarkets in southern California, including the ...

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