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FinanceSobeys Buys Thrifty Foods Chain in Western CanadaSobeys Buys Thrifty Foods Chain in Western Canada
In a move providing a platform for growth in British Columbia, Sobeys last week reached an agreement to acquire Thrifty Foods, a 20-store independent based in Victoria, British Columbia, for around $249 million (U.S.). The deal, which is scheduled to close in September, pairs Sobeys with an independent with strong business and customer appeal on Vancouver Island, but one
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