retail news in context, analysis with attitude

Here's the email MNB received this morning:

"In line with required notification periods for listing purposes, Delhaize Group and Royal Ahold announced today that they expect to complete their intended merger on July 23, 2016 if regulatory clearance has been obtained from the Federal Trade Commission (FTC) in the United States by that date."
KC's View:
So Saturday's the date. Probably. Almost certainly. (Finally.)

I hope they'll be very happy together.

And, as I've said here before, I hope that this ends up with the newly combined company being more effective, not just looking for efficiencies. Because if this is just a defensive play, and there is no strategic plan for how Ahold and Delhaize are going to become better, more relevant and more innovative retailers as a result, then I'm afraid that nobody is going to end up happy together. (Except the bankers and lawyers. They always end up happy. Or at least richer.)