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BUSINESS
June 1, 1988 | MARTHA GROVES, Times Staff Writer
The owner of the Alpha Beta supermarket chain received tentative government approval Tuesday for its purchase of rival Lucky Stores but was ordered to sell between 32 and 38 stores within six months of the merger to satisfy antitrust concerns. The Federal Trade Commission ruling followed the agency's decision Friday to allow Vons Cos. to proceed with its purchase of Safeway Stores' 172 locations in Southern California.
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BUSINESS
August 18, 1987 | MARTHA GROVES, Times Staff Writer
Lucky Stores said Monday that it has tentatively agreed to sell a majority interest in its 105 troubled Eagle Food Stores in the Midwest to a privately held New York investment firm. Judith Decker, a spokeswoman for the Dublin, Calif., food retailer, said the deal would free up cash "well in excess" of the division's $80-million book value. Odyssey Partners, the investment firm, would become the majority owner in a new business to be formed to operate the division.
BUSINESS
June 1, 1988 | MARTHA GROVES, Times Staff Writer
The owner of the Alpha Beta supermarket chain received tentative government approval Tuesday for its purchase of rival Lucky Stores but was ordered to sell between 32 and 38 stores within six months of the merger to satisfy antitrust concerns. The Federal Trade Commission ruling followed the agency's decision Friday to allow Vons Cos. to proceed with its purchase of Safeway Stores' 172 locations in Southern California.
BUSINESS
August 18, 1987 | MARTHA GROVES, Times Staff Writer
Lucky Stores said Monday that it has tentatively agreed to sell a majority interest in its 105 troubled Eagle Food Stores in the Midwest to a privately held New York investment firm. Judith Decker, a spokeswoman for the Dublin, Calif., food retailer, said the deal would free up cash "well in excess" of the division's $80-million book value. Odyssey Partners, the investment firm, would become the majority owner in a new business to be formed to operate the division.
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