Kroger To Acquire Food And Pharmacy Chain Giant Eagle For $1.65B, Comprising $1.25B In Cash And Assumption Of ~$400M Of Liabilities
The Kroger Co. (NYSE: KR ) and Giant Eagle, Inc. ("Giant Eagle") today announced a definitive agreement under which Kroger will acquire Giant Eagle, a leading family-owned food and pharmacy retailer with approximately $9 billion in annual sales and 197 supermarkets and 11 standalone pharmacies across northern Ohio, wes