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Kroger's $24.6-billion acquisition of Albertsons is the largest proposed supermarket merger in U.S. history. The FTC sues, alleging the deal is anti-competitive.
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In October 2022, Kroger announced that it was buying grocery store chain Albertsons in a deal that valued the company at $24.6 billion. [1] On November 29, 2022, the chief executives of the two companies went before the antitrust panel of the Senate Judiciary Committee to defend the merger. [2]
Is The Kroger Co. (KR) a great pick from the value investor's perspective right now? Read on to know more.
The Kroger Company, or simply Kroger, is an American retail company that operates (either directly or through its subsidiaries) supermarkets and multi-department stores throughout the United States. [1] [6]
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Let's see if Kroger (KR) stock is a good choice for value-oriented investors right now from multiple angles.
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related to: kroger stock price yahooCombination of great tools, asset classes, & low costs - Investopedia