Pathmark in discussions with A&P
Pathmark in discussions with A&P
CARTERET, NJ -- Pathmark Stores Inc. announced Feb. 27 that it is engaged in negotiations to be acquired by The Great Atlantic & Pacific Tea Co. Inc. at a possible price of $12.50 per Pathmark share to be paid in cash and A&P stock.
No final agreement has been reached and there can be no assurance that any such agreement will be reached. If a final agreement is reached, it will be subject to a number of uncertainties and conditions. Among such conditions would be shareholder and regulatory approvals, including federal and state antitrust clearances.
No final agreement has been reached and there can be no assurance that any such agreement will be reached. If a final agreement is reached, it will be subject to a number of uncertainties and conditions. Among such conditions would be shareholder and regulatory approvals, including federal and state antitrust clearances.