In a deal expected to be finalized in September, Publix will acquire 49 Albertson's LLC store locations throughout Florida to a tune of $500 million. According to the Orlando Business Journal, Publix will close the Albertson's stores for enough time to allow for improvements.
Albertson's will continue to operate nearly 50 stores in Florida after the deal is completed.
Read the full story here: http://orlando.bizjournals.com/orlando/stories/2008/08/04/daily46.html
Subscribe to:
Post Comments (Atom)
Posts
No comments:
Post a Comment