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Kroger to Buy Giant Eagle for $1.65B | Washington DC News
Kroger is set to swoop in and buy Giant Eagle for $1.65 billion, adding 197 supermarkets and 11 pharmacies across five states — a move that’s already locked in and expected to close in 2027 after regulatory approval. Kroger will pay $1.25 billion in cash and assume $400 million in debt, while Giant Eagle — a $9 billion annual sales family-owned giant from Pittsburgh — promises a new era of quality, service, and value. Both CEOs tout the deal as a strategic win: Kroger to expand into high-growth markets with its tech edge, Giant Eagle to transform customer experience. To satisfy regulators…
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