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Stock Market & Financial Investment News

News Breaks
November 15, 2012
10:18 EDTKRKroger announces merger with Axium Pharmacy
The Kroger Co. announced it will acquire the outstanding shares of Axium Pharmacy Holdings, a specialty pharmacy, to create a merger of the two companies. This partnership gives Kroger significantly enhanced capabilities to serve customers who require complex drug therapies, and to deliver those therapies at greater value to customers and insurance payers. Financial terms were not disclosed.
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August 19, 2014
14:22 EDTKRGabelli liquidates 8.99% stake in Vitacost.com
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August 18, 2014
08:02 EDTKRKroger 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.

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