UK News 16-12-2003 who: Morrisons what: Offers £636million in cash in Safeway deal when: Yesterday snippet: "What is expected to be the decisive move comes almost one year after the Bradford-based firm shook up this cut-throat retail sector with an initial £2.9bn all-paper offer," says The Guardian. "That triggered an extraordinary scramble for Safeway involving Tesco, Wal-Mart-owned Asda and a host of other predators." In other retail news, reward card company Nectar says the average cost of christmas day this year will be £788. [... more]

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