GROCERIES operator Puregold Price Club, Inc. said on Monday it had secured the approval of the Securities and Exchange Commission on its planned merger with three local retail firms.

It said the SEC approved on Friday Puregold’s planned merger with Daily Commodities, Inc., First Lane Super Traders Co. Inc., and Goldtempo Company Inc., which owns Budgetlane, Budgetlane’s Superpalengke, Budgetlane Supermart, and Budgetlane Sulitmarket.

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