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Vons Pavilions Co

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November 1, 1996 | GEORGE WHITE, TIMES STAFF WRITER
Vons Cos. on Thursday reported a 59% jump in third-quarter profit, a surprisingly strong showing that analysts said validates Safeway Inc.'s unsolicited takeover bid announced the day before. The sharp profit jump--the latest sign of resurgence at the Arcadia-based company--came as supermarket analysts predicted that Vons will eventually agree to the buyout.
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BUSINESS
November 1, 1996 | GEORGE WHITE, TIMES STAFF WRITER
Vons Cos. on Thursday reported a 59% jump in third-quarter profit, a surprisingly strong showing that analysts said validates Safeway Inc.'s unsolicited takeover bid announced the day before. The sharp profit jump--the latest sign of resurgence at the Arcadia-based company--came as supermarket analysts predicted that Vons will eventually agree to the buyout.
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