You are here
MONTVALE, N.J. -- The Federal Trade Commission continues to probe the details of the major merger plan that would bring together The Great Atlantic & Pacific Tea Company, Inc. here and Pathmark Stores, Inc. The buying party, A&P, said yesterday the government agency issued a Request for Additional Information and Documentary Material - commonly known as a "Second Request" - in connection with the chains' agreement to merge.
The Second Request was issued to the Tengelmann Group as A&P's majority shareholder, pursuant to the Hart-Scott-Rodino Antitrust Improvements Act of 1976.
A&P said it will continue to cooperate with the FTC's review, and will comply with the Second Request in a timely fashion. It added that it continues to expect the transaction to close in the second half of its current fiscal year, ending in February 2008.
A&P operates 410 stores in 9 states and the District of Columbia under the following trade names: A&P, Waldbaum's, The Food Emporium, Super Foodmart, Super Fresh, Farmer Jack, Sav-A-Center and Food Basics.