Friday, March 23, 2018

Source denies report that Harris Teeter parent, Target are discussing merger

Kroger Co. and Target Corp. are discussing a potential merger, according to a report from Fast Company magazine, however a source close to the matter claims there’s no truth to the report. The source told Baltimore Business Journal sister publication Minneapolis/St. Paul Business Journal the two companies have instead had conversations regarding Target’s recent acquisition of Shipt. Target acquired Shipt for $550 million in December. Both Target and Kroger declined to comment. Kroger is…



from https://www.bizjournals.com/baltimore/news/2018/03/23/source-denies-report-that-harris-teeter-parent.html?ana=RSS&s=article_search
via http://baltimorecheckbook.tumblr.com/post/172170573122

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