European Grocery Store Giants Complete $29 Billion Tie Up

NEW YORK (AP) — The owner of Stop & Shop and Giant and the parent company of Food Lion completed their $29 billion combination after receiving regulatory clearance by the Federal Trade Commission. The deal creates the fourth largest grocer in the U.S. and is the latest in a series of buyouts and mergers as the grocery store industry consolidates.Read more on NewsOK.com

Topics:  york ap    stop    shop   giant   food lion   federal trade   commission   u.s    newsok    the   complete   billion   grocery store   
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