Analyst: FTC to Scrutinize Food Lion/BI-LO Deal
October 9, 2009
Karen Short, an analyst with BMO Capital Markets, says the Federal Trade Commission will be taking a close look at any merger between Food Lion and BI-LO since a combined company would have the leading market share in 14 of 17 markets where both companies operate stores.
Recent News
Merger Forces Kroger and Albertsons To Sell More Stores
Kroger and Albertsons are selling more of their stores to address concerns about their merger.
JD Sports Bids for Hibbett in $1.08 Billion Deal
JD Sports Fashion plans to buy Hibbett Inc. for around $1.08 billion. The move aims to help the UK’s largest sportswear retailer grow in the southeastern United States.
Disney Technology Executive Leaves Company for Personal Reasons
Aaron LaBerge will stay on at Disney until June 2024.
Amazon Ends Drone Delivery in California, Here’s Where It’s Going Next
This new location will allow for quicker, same-day delivery.