Pathmark in discussions with A&P
Pathmark in discussions with A&P
CARTERET, NJ -- Pathmark Stores Inc. announced Feb. 27 that it is engaged in negotiations to be acquired by The Great Atlantic & Pacific Tea Co. Inc. at a possible price of $12.50 per Pathmark share to be paid in cash and A&P stock. No final agreement has been reached and there can be no assurance that any such agreement will be reached. If a final agreement is reached, it will be subject to a number of uncertainties and conditions. Among such conditions would be shareholder and regulatory approvals, including federal and state antitrust clearances. Pathmark Stores Inc., based here, is a