CINCINNATI — Kroger Co. here has ruled out the possibility that it is for sale after reports said it could be a target for a leveraged buyout by private equity. The idea of a buyout was raised in an April 6 story in the Wall Street Journal, which cited unnamed sources as saying Kroger was being examined by private investment firms as a possible takeover candidate. David B. Dillon, chairman and chief executive officer, said in a strongly worded memo to employees that it isn't going to ...
REGISTER TO VIEW THIS ARTICLE - Register for a Free Account
Why Register for FREE?
Registering for content on Supermarket News will give you INSTANT access to invaluable articles and media content that industry professionals rely on. You will have access to our special reports, feature articles, and industry analysis. It’s FREE, easy and quick. What are you waiting for! In addition you will also receive complimentary access to the SN salary survey data tables.
Attention Paid Print Subscribers: While you have already been granted free access to SN we ask that you register now. We promise it will only take a few minutes! Or visit your profile and add your print magazine account number and zip code.