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• Ahold and Delhaize this morning announced what is called "the filing of the common draft terms of the cross-border merger," described as "one of the required steps ahead of convening the companies' respective Extraordinary General Meetings of shareholders, which are expected to take place in the first half of 2016."

The merger proposal originally was made in June 2015, and is expected to be concluded by mid-2016.


• The Buffalo News reports that "Ahold USA plans to close its warehouses in Lancaster and Cheektowaga, eliminating 600 jobs by August ... The company, which used to own Tops Friendly Markets (in Buffalo), is shifting its warehouse operations to C&S Wholesale in Pennsylvania and Massachusetts."

Ahold said C&S warehouses in Bethlehem, Pa., and South Hatfield, Mass., are more centrally located to its Giant Landover, Stop & Shop New England, Stop & Shop New York Metro and Giant Carlisle chains than the Buffalo facilities.
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