CINCINNATI -- Kroger‘s stock rose just 0.38%, or 11 cents per share, in yesterday‘s trading following Friday‘s report in the Wall Street Journal that the company could be the target of a leveraged buyout. The chain issued a statement late Friday saying it was not considering a sale to private equity, but a source in the investment community told SN that investment firms were eyeing the company as a possible acquisition target. In yesterday‘s trading -- the markets were closed for Good Friday ...
REGISTER TO VIEW THIS ARTICLE - Register for a Free Account
Registering for content on Supermarket News will give youINSTANTaccess 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’sFREE, 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 grantedfreeaccess to SNwe ask that youregister now.We promise it will only take a few minutes! Or visit your profile and add your print magazine account number and zip code.