
3

"I report that Kroger, the nation’s No. 2 grocer by market share and the parent company of Mariano’s, has agreed to purchase Albertsons in a deal reportedly worth $24.6 billion; pending government approvals the combined company would create a grocery chain with more than 5,000 stores, and Bloomberg says the companies plan to sell 375 stores in a spinoff." - Ashok Selvam