Sainsbury's In New £1.4bn Offer For Argos Owner : Deal on the way

[arista]

http://news.sky.com/story/1634227/sainsburys-in-1-3bn-offer-for-argos-owner

I can see why Sainsburys wants the merge
to try to beat AsdaWalmart or Troubled Tesco.


Of Course any Argos near a Sainsbury will close
if the Deal goes through in the next 6 weeks or so.
Around 200 Argos would close, infact.

[Sainsbury's has agreed financial terms for a £1.3bn takeover
with Argos owner Home Retail Group.
the proposed cash and share deal comes after it was
revealed last month that an initial offer in November
had been rebuffed.]

[Kizzy]

Who shops at sainsburys?... If you have the money wouldn't you just go to waitrose or marks?

[Jay.]

yas my employers get tha money

[DemolitionRed]

Who shops at sainsburys?... If you have the money wouldn't you just go to waitrose or marks?

I shop at Sainsburys :shocked:
I do have a Waitrose card but I only pop in for the free coffee.

[Kizzy]

I shop at Sainsburys :shocked:
I do have a Waitrose card but I only pop in for the free coffee.

:joker:

[Cherie]

Sainsburys is my favourite supermarket, it has much better deals than Marks :suspect: or Waitrose,, most if my shopping is done there or Aldi, I loathe my local Tesco superstore

[arista]

The New Deal from Desperate Sainsburys
is 1.4Billion
Argos says Yes.

[Argos Owner Backs £1.4bn Sainsbury's Takeover

Home Retail Group backs a deal
which it is feared will see 200 stores
closed and transferred into
concessions in supermarkets.]

http://news.sky.com/story/1670784/argos-owner-backs-1-4bn-sainsburys-takeover


Some Argos stores may now close