Published reports say that Christian Haub, executive chairman of the Great Atlantic & Pacific Tea Co. (A&P), isn’t satisfied with his company’s expected acquisition of Pathmark Stores.
In various interviews, Haub has been quoted as saying that he envisions Pathmark as the company’s price-value format, and that he plans to look at other possible acquisition targets 18 months after the Pathmark deal has been concluded – though he doesn’t say what companies she might be interested in.
In various interviews, Haub has been quoted as saying that he envisions Pathmark as the company’s price-value format, and that he plans to look at other possible acquisition targets 18 months after the Pathmark deal has been concluded – though he doesn’t say what companies she might be interested in.
- KC's View:
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Yeah, that’s right…share the joy.
I’ve said it before and I’ll say it again. There must be few more scary and sobering words to hear when getting to work in the morning than, “A&P has bought our company.”
The folks at Pathmark have had time to get used to the idea, though from what I hear there is still a lot of fear and loathing down in Carteret, NJ.
Yikes.
