Grocery & Drug Stores M&A » By The Online Investor Staff, updated Thu., Apr. 18, 9:55 AM
Recent mergers and acquisitions in the Grocery & Drug Stores M&A category.
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Slide #15. The Kroger Co. — Harris Teeter Supermarkets, Inc.
Acquirer:
The Kroger Co. (KR)
Acquiree:
Harris Teeter Supermarkets, Inc. (HTSI)
Details:
The Kroger Co. (NYSE:KR) and Harris Teeter Supermarkets, Inc. (NYSE:,HTSI) today announced that the merger transaction between the two companies was completed on January 28, 2014. Under the terms of the merger agreement, Harris Teeter shareholders will receive $49.38 per share of Harris Teeter common stock.
Kroger is a retailer. Co. also manufactures and processes food for sale by its supermarkets and online. The combo store is the primary food store format. The stores provide the specialty departments that customers desire for one-stop shopping, including natural food and organic sections, pharmacies, general merchandise, pet centers and perishables such as fresh seafood and organic produce. In addition to the departments provided at a typical combo store, multi-department stores sell a selection of general merchandise items such as apparel, home fashion and furnishings, outdoor living, electronics, automotive products and toys.
Kroger SEC Filing Email Alerts Service
Open the KR Page at The Online Investor »
Kroger is a retailer. Co. also manufactures and processes food for sale by its supermarkets and online. The combo store is the primary food store format. The stores provide the specialty departments that customers desire for one-stop shopping, including natural food and organic sections, pharmacies, general merchandise, pet centers and perishables such as fresh seafood and organic produce. In addition to the departments provided at a typical combo store, multi-department stores sell a selection of general merchandise items such as apparel, home fashion and furnishings, outdoor living, electronics, automotive products and toys.
Kroger SEC Filing Email Alerts Service
Open the HTSI Page at The Online Investor »
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