Cincinnati and Matthews, N.C. — The Kroger Co. (NYSE: KR) and Harris Teeter Supermarkets Inc. (NYSE: HTSI) have signed a definitive merger agreement whereby Kroger will purchase all outstanding shares of Harris Teeter for $49.38 per share in cash. The transaction is valued at $2.5 billion. “We are excited to welcome Harris Teeter to the Kroger family,” says David Dillon, chairman and CEO of Kroger. “Harris Teeter is an exceptional company with a great brand, friendly and talented associates, and attractive store formats in vibrant markets run by a first-class management …
