NEW YORK — A combined Bi-Lo and Food Lion would exceed 35% market share in nine markets, and create a company with No. 1 market share in 14 of the 17 markets where they both do business, according to an analysis from BMO Capital Markets here. “The overlap is substantial in our view,” the analyst, Karen Short, said in a research report released yesterday, “so all eyes will be on the [Federal Trade Commission] to gauge the agency’s current view on market-share dominance.” Food Lion, through ...

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