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Stock Market & Financial Investment News

News Breaks
August 18, 2014
08:02 EDTKR, VITCKroger completes merger with Vitacost.com
Kroger (KR) and Vitacost.com (VITC) announced the successful completion of Kroger's tender offer to purchase all outstanding shares of common stock of Vitacost.com for $8.00 per share in cash. The tender offer expired at 5:00 p.m., Eastern Daylight Time, on August 15, 2014. Kroger expects to complete the acquisition of the remaining eligible Vitacost.com shares not acquired in the tender offer later today through a merger under Section 251h of the General Corporation Law of the State of Delaware. Following completion of the merger, Vitacost.com shares will cease to be traded on the NASDAQ Global Market, which is expected to take effect later today.
News For KR;VITC From The Last 14 Days
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May 20, 2015
10:44 EDTKRKroger CEO says economics of delivery to home 'difficult'
Kroger CEO W. Rodney McMullen says he believes it will always be an "and," not an "or," choice for customers regarding grocery store visits and online purchases. McMullen spoke on CNBC.
10:42 EDTKRKroger CEO says consumer spending still 'fragile'
Kroger (KR) CEO W. Rodney McMullen says the company will continue to spend on stores. McMullen said it will be "fascinating" to see how Whole Foods (WFM) customers react to its plans for a smaller, lower-cost format. Kroger's CEO says food inflation has been tracking a 1%-2% and the company expects it to continue at that level. McMullen says Kroger looks at "just about anything that is available" in terms of M&A, but doesn't bid on many things. McMullen is speaking on CNBC.
07:07 EDTKRBMO Capital to hold a conference
10th Annual Farm to Market Conference is being held in New York on May 20-21 with webcasted company presentations to begin on May 20 at 8 am; not all company presentations may be webcasted. Webcast Link
May 12, 2015
08:05 EDTKRGoldman Sachs to hold a forum
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