WebApr 13, 2024 · (Reuters) – Food and drug retailer Kroger Co on Wednesday asked a U.S. judge to dismiss as “speculative” a consumer antitrust lawsuit alleging the company’s proposed $24.6 billion acquisition of rival Albertsons Companies Inc would lessen grocer competition and drive up prices. WebApr 13, 2024 · Kroger controls stores under banners including Harris Teeter, Pay Less and King Soopers, and stores under the Albertsons umbrella include Balducci’s, Shaw’s, …
Kroger Buys Harris Teeter in $2.5B Deal - RIS News
WebUnder the terms of the merger agreement, which has been unanimously approved by the board of directors of each company, Kroger will acquire all of the outstanding shares of Albertsons Companies, Inc. ("Albertsons Cos.") common and preferred stock (on an as converted basis) for an estimated total consideration of $34.10 per share, implying a total … WebJul 9, 2013 · Kroger is acquiring Harris Teeter. This morning, the chains announced a definitive merger agreement under which Kroger would purchase all of Teeter's … party city chandler az
Investor Relations - Harris Teeter LLC - Harris Teeter
WebKroger is a retail company that operates supermarkets and multi-department stores offering consumer goods. ... Harris Teeter. Company Detail. Acquirer. Kroger. Company Detail. Acquisition Status Dispositlon of Acqulred Organlzation Acquisition Terms cash. Contact. Cincinnati,Ohio,United States +1 513 762 4000. News. WebJul 9, 2013 · Kroger is acquiring Harris Teeter. This morning, the chains announced a definitive merger agreement under which Kroger would purchase all of Teeter’s outstanding shares. The deal means that Kroger will add another 212 stores in the Southeast and mid-Atlantic markets. WebJul 27, 2024 · Kroger acquired Harris Teeter because the company was a good acquisition for them considering they also own Food Lion and other major grocery store chains. Increased competition means increased competition in the market, which means the price of the good will lower. tina turner broward center