Thursday, June 28, 2007

UPDATE 2-Empire posts lower net profit, raises dividend

(Reuters) - The Stellarton, Nova Scotia-based company said it earned
C$64.5 million , or 98 Canadian cents a share,
for the three months ended May 5, compared with C$118.4
million, or C$1.80 a share, a year earlier.




On June 15, Empire said it had completed the transaction in
which it acquired all the outstanding common shares of Sobeys
that it did not already own.


Read more at Reuters.com Mergers News

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