Kroger's acquisition of Harris Teeter to be complete by February
Posted January 22, 2014
Kroger's $2.5 billion acquisition of Harris Teeter will be complete by the end of January, the Cincinnati-based company has announced.
The Federal Trade Commission granted the early termination of a waiting period that had been delaying the merger since it was announced in July 2013.
Kroger said in July that there are no plans to close Harris Teeter stores, which will continue to operate under the Harris Teeter name.
Harris Teeter operates 212 stores in the Southeast, including 136 in North Carolina and 20 in the Triangle. Kroger, meanwhile, operates about 10 times that number of stores under more than a dozen names in 31 states.