Wednesday, July 10, 2013

Kroger to buy Harris Teeter chain in $2.4B deal

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Kroger to buy Harris Teeter chain in $2.4B deal

NEW YORK — Kroger, already the people's largest traditional supermarket operator, is expanding its reach in key southeastern and mid-Atlantic states by snapping up regional grocer Harris Teeter Supermarkets Inc. The $2.44 billion cash deal reflects 

Kroger, one of the people's largest grocery chains, announced Tuesday a $2.5 billion deal to buy rival Harris Teeter. The go, which must be approved by federal regulators, would extend Kroger's reach, particularly in Virginia, Maryland and the

Harris Teeter said it will continue to operate its 212 stores under its confess name and maintain its headquarters in Matthews, Thomas W. Dickson, Chairman of the Enter and Chief Executive Officer of Harris Teeter said in the 

NEW YORK — Kroger, already the people's largest traditional supermarket operator, is expanding its reach in key southeastern and mid-Atlantic states by snapping up regional grocer Harris Teeter Supermarkets Inc. The $2.44 billion cash deal reflects 

Like its more upscale rivals in metro-vicinity suburbs along the Eastern Coast, shopping at a Harris Teeter store is as much about the experience as it about the quality and the price of the products headed for the cart. Its high, white ceilings and

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