NBC12 just posted that Martin’s and Food agree to merge.
RICHMOND, VA (WWBT) –European grocery chains Royal Ahold NV and Delhaize Group, parent companies to Martin’s and Food Lion grocery stores, has agreed to a $29 billion merger.
The merger would create one of the largest supermarket operators in the U.S., with “a complementary base of more than 6,500 stores with 375,000 associates,” according to Ahold.
Local shoppers were divided on the idea of Food Lion and Martin’s combining when the parent companies first entered talks for the merger.
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