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Kroger Buys Supermarket Chain

Posted on: 7:32 pm, July 9, 2013, by , updated on: 05:02pm, July 9, 2013

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(Memphis) Kroger is expanding.

The company has agreed to buy Harris Teeter Supermarkets.

In a more than $2 billion deal, Kroger will acquire the rival supermarket chain.

Harris Teeter operates 212 stores in the United States, along with a pair of distribution centers and a dairy facility.

The deal has been approved by both companies’ boards.