Albertsons ticks higher amid report on increased divestiture plan for Kroger deal [Seeking Alpha]
Kroger Company (The) (KR)
Last kroger company (the) earnings: 3/5 08:30 am
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ir.kroger.com
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Source: Seeking Alpha
The current store divestiture plan was upped to 510 in January from the disclosed 413, according to a CTFN report earlier Wednesday, which cited two sources familiar with the matter. The store count for divestiture is expected to be increased again and presented to the Federal Trade Commission. The supermarket chains are hopeful that the new package may appear FTC and state attorney generals, though one source told the publication that the parties don't see the new plan as a clear path to a settlement. The CTFN item, which was written by Diane Alter , who recently rejoined CTFN after leaving Dealreporter, comes after the companies said Monday at a court hearing that they have a handshake deal to divest more stores to the divestiture buyer C&S Wholesalers. Kroger ( KR ) had been working to try to appease the FTC so the antitrust regulator could approve the deal, including a plan announced in September to sell 413 stores for $1.9 billion to C&S Wholesale Grocers. Under the origin
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News
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- Nourishing Tomorrow: How 'Food is Medicine' Advances Food Retailing and Positive Outcomes for Nutrition Responsive Health Conditions [Yahoo! Finance]Yahoo! Finance
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- Norfolk approves big box store development at Wards Corner site where Target sought [Yahoo! Finance]Yahoo! Finance
- KR vs. WMT: Which Stock Is the Better Value Option? [Yahoo! Finance]Yahoo! Finance
KR
Earnings
- 3/7/24 - Beat
KR
Sec Filings
- 4/26/24 - Form 4
- 4/25/24 - Form 4
- 4/24/24 - Form 4
- KR's page on the SEC website