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    2. Kroger Strikes $25 Billion Deal for Albertsons to Create Supermarket Titan

      Kroger Strikes $25 Billion Deal for Albertsons to Create Supermarket Titan
      U.S. grocer Kroger Co(KR.N)said on Friday it will buy smaller rival Albertsons Companies Inc(ACI.N)in a $24.6 billion deal, creating a supermarket behemoth to take on leader Walmart Inc(WMT.N). Kroger will pay $34.10 for each Albertsons share, representing a premium of about 33% to the stock's closing price on Wednesday, a day before media reports emerged of a deal ...
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