A&P Settles Suit With Royal Ahold’s Stop & Shop Over Hire
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Great Atlantic & Pacific Tea Co., the bankrupt grocery store operator, settled a lawsuit it filed this week against Royal Ahold NV’s Stop & Shop Supermarket unit for hiring its second most senior operations executive after he agreed not to work for a competitor for 18 months.
Lawyers in the case said they settled the suit at a court appearance today, according to the docket. Terms weren’t disclosed.