Safeway-Albertsons merger enabled Haggen to grow to 9 times
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A two paragraph paper. The first paragraph must be a summary of this article. (How the Safeway-Albertsons merger enabled Haggen to grow to 9 times its size in 4 months).
The second paragraph must discuss the relevance of the article to The Sherman Antitrust Act, and indicate the part that is being used.
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Solution Summary
The response to the summary of the article is addressed in 719 word with APA References.
Solution Preview
The response addressed the query is addressed in 719 word with APA references.
//The merger of Albertsons and Safeway grocery store has been a source of great expansion for Haggen grocery store. This has been possible due to the intervention of the Federal Trade Commission (FTC), which is the governing body for the merger of big companies and takes care of maintaining a competitive market environment between the companies. In reference to this, the following text explains the growth of Haggen to 9 times its size in 4 months.//
This article is about the merger of the two grocery companies, Albertsons and Safeway, which has been the reason for the unexpected growth of Haggen Food & Pharmacy (Marum, 2015). The author, Anna Marum, explains the reasons behind the unexpected growth of Haggen Food & Pharmacy, which is now buying 146 of the grocery stores owned by either Albertsons or Safeway. As explained by the author, Cerberus Capital Management, a private investment company, the owner of Albertsons decided to purchase Safeway in a proposed amount of about $9.2 billion, ...
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