[arista]

http://news.sky.com/story/1634227/sa...or-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.]