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Post Info TOPIC: Kroger and Harris Teeter Merger
Anonymous

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Kroger and Harris Teeter Merger
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Today The Kroger Co. and Harris Teeter Supermarkets announced that it has completed its merger. 

Under the terms of the agreement, Kroger purchased all outstanding shares of Harris Teeter for $49.38 

per share in cash. The merger allows Kroger to expand with the exceptional Harris Teeter brand and 

complementary base of 227 stores in the fast-growing and attractive southeastern and mid-Atlantic 

markets and in Washington D.C. In addition, Harris Teeter operates distribution centers for grocery, 

frozen and perishable foods, and a dairy facility in North Carolina. Harris Teeter will continue to operate 

its stores under the Harris Teeter brand name as a subsidiary of The Kroger Co.

https://vpnb-cdc.kroger.com/wps/wcm/myconnect/13b27309-04db-483f-b2c7-8ce6033d7235/,DanaInfo=greatpeople.kroger.com+Kroger++Harris+Teeter+Merger+Approval+Q%26A+Jan.+29+FINAL.pdf?MOD=AJPERES

 

What does this mean for Kroger/Teeter employees?  Will there be any changes?  What are the "exceptional Harris Teeter brands" they say they carry and we will now expand with?



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Welcome to the world of Key retailing. Prepare for lower wages. Prepare for ****tier managers. Good luck.

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Would you like fries with th... I mean, your milk in a bag?

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