Kroger http://wvxu.org en Kroger inks merger deal with Harris Teeter http://wvxu.org/post/kroger-inks-merger-deal-harris-teeter <p>Cincinnati-based Kroger is taking over Harris Teeter Supermarkets in a transaction valued at about $2.5 billion. The merger means Kroger will buy all outstanding shares of Harris Teeter for <span class="xn-money">$49.38</span> per share in cash.</p><p>Harris Teeter has 212 stores in the southeastern and mid-Atlantic markets and in <span class="xn-location">Washington</span>, D.C. Those stores will maintain the Harris Teeter brand name. The company posted revenues of approximately <span class="xn-money">$4.5 billion</span> for the 2012 fiscal year.</p> Tue, 09 Jul 2013 15:49:57 +0000 Tana Weingartner 14731 at http://wvxu.org