Dive Summary:
- Harris Teeter announced in regulatory filings that it expects the company's sale to Kroger to be completed by the end of 2013’s fourth quarter.
- Shareholders and regulators still need to sign off on the sale.
- Kroger unveiled plans to acquire the struggling Harris Teeter chain in July for $2.5 billion. It will also be absorbing $100 million of Harris Teeter’s debt.
About the article:
...The Kroger Co. expects to complete its acquisition of Harris Teeter Supermarkets Inc. in the fourth quarter, according to a regulatory filing by Harris Teeter. ...