MONTVALE, N.J. -- A&P here is in negotiations to purchase rival Pathmark Stores, A&P said Tuesday, shortly after trading of its shares was halted on the New York Stock Exchange. In a statement, A&P said it was in discussions to acquire Pathmark at a “possible price” of $12.50 per share in cash and stock but made no assurances a deal could be reached. Including $618 million in Pathmark debt, the proposed offer would value Pathmark at around $1.27 billion. Industry observers have ...

REGISTER TO VIEW THIS ARTICLE - Register for a Free Account

Why Register for FREE?

Salary Survey 2015

Registering for content on Supermarket News will give you INSTANT access to invaluable articles and media content that industry professionals rely on. You will have access to our special reports, feature articles, and industry analysis. It’s FREE, easy and quick.  What are you waiting for! In addition you will also receive complimentary access to the SN salary survey data tables.

Click here to read the FAQ page if you have any questions (opens in a new window)

Attention Paid Print Subscribers:  While you have already been granted free access to SN we ask that you register now. We promise it will only take a few minutes! Or visit your profile and add your print magazine account number and zip code.

Already registered? here.