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