Haggen struggles after trying to digest Albertsons stores
The Wall Street Journal - 10/09/2015
“It’s not easy to get these things right,” said John Kwoka, an economics professor at Northeastern University, who studies such efforts. “And it’s a bigger stretch when you’re trying to turn a company into something much larger than it was before. Here it failed spectacularly.”
The FTC defends its approval of the Haggen deal, saying it closely examined the deal and had a good basis for finding the plan sound.