What is the shoppers-loblaws merger case

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Assignment:

Sobey's acquired 200 Safeway stores in Western Canada under a 5.8 billion dollar deal. According to news reports, along with 213 Safeway grocery stores more than 60 percent of which are in Calgary, Vancouver, Edmonton and Winnipeg - Sobeys will also acquire: - 199 in-store pharmacies; 62 gas stations; 10 liquor stores; 4 primary distribution centres and a related wholesale business; and 12 manufacturing facilities. Sobeys will also get $1.8 billion worth of real estate in the deal.

Question:

1- Why is this case considered an acquisition? Explain your answer.

2- What is the difference between Shoppers /Loblaws's merger case and Sobey's/Safeway's acquisition? List the differences between the two cases.

Reference no: EM133370276

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