Kroger To Pay $2.5B For Harris Teeter Supermarkets
Kroger will pay Harris Teeter stockholders $49.38 per share in cash, the supermarket companies said. The offer is a 33.7 percent premium to Harris Teeter's closing price Jan. 18, when reports surfaced that the Matthews, N.C.-based firm was considering strategic alternatives including a sale.
The boards of both companies have approved...
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