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- Learn more:✕This summary was generated using AI based on multiple online sources. To view the original source information, use the "Learn more" links.Kroger, which owns stores including Fred Meyer and QFC, plans to buy Albertsons, the parent company of Safeway, in a deal valued at $24.6 billion, a merger that would merge the two largest grocery-store chains in the U.S., the companies said on Friday.www.opb.org/article/2022/10/14/kroger-fred-meyer …A proposed $25 billion merger between Kroger, the parent company of King Soopers, and Albertsons, which operates Safeway, is expected to close in early 2024.www.denverpost.com/2022/11/20/colorado-king-so…In October 2022, Kroger agreed to buy rival Albertsons in a deal to combine the two supermarket chains. In Arizona, these companies are more recognizable and known as Fry’s or Smith’s and Safeway.www.azag.gov/consumer/topics/ka-mergerAlbertsons, which operates roughly 100 Safeway stores in Colorado, is in talks to accept a nearly $25 billion takeover bid from Kroger, the parent company of King Soopers and City Market stores. Together, the two companies would combine to create one of the country's largest grocers.www.cpr.org/2023/04/11/rural-colorado-king-sooper…Two of the nation's largest grocers have agreed to merge in a deal they say would help them better compete with Walmart, Amazon and other major companies that have stepped into the grocery business. Kroger on Friday bid $20 billion for Albertsons Companies Inc., or $34.10 per share. Kroger will also assume $4.7 billion of Albertsons' debt.www.cbsnews.com/colorado/news/king-soopers-sa…
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WEBOct 14, 2022 — Kroger operates Ralphs, Harris Teeter, Dillons, Fred Meyer and others, while Albertsons owns Safeway and Vons. The companies said they will spin off nearly 400 stores to form a new rival in an...
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WEBOct 13, 2022 — Supermarket chain Kroger Co (KR.N) said on Friday it will buy smaller rival Albertsons Companies Inc (ACI.N) in a $24.6 billion transaction, in one of the biggest deals in the U.S. retail...
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