Blue Apron surges after Kroger buys a rival [DailyFinance (AOL.com)]
Blue Apron Holdings, Inc. (APRN)
Last blue apron holdings, inc. earnings: 4/29 06:15 am
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Source: DailyFinance
Blue Apron is up more than 5% Thursday after Kroger announced that it will acquire meal-kit company Home Chef. Blue Apron shares have previously risen on speculation around a buyout. Watch Blue Apron trade in real-time here. Blue Apron is up more than 5% Thursday after Kroger announced it will acquire the meal-kit-delivery company Home Chef . Kroger agreed to buy Home Chef for an initial payment of $200 million . The deal, which is set to close in a month, may include payments of up to $500 million over the next five years, given that certain milestones are met. Kroger plans on selling the Home Chef meal kits on its grocery store shelves and online. 38 PHOTOS Moves you should be making at a grocery store See Gallery Moves you should be making at a grocery store We spend too much on groceries Even when nobody feels like cooking, everybody feels like eating. So it’s no wonder that more than 25 percent of
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