Kroger Provides Details Related To Store Divestiture In Memo
July 9 (Reuters) -Kroger Co KR.N:
KROGER IN MEMO SAYS FUEL CENTERS & PHARMACIES ASSOCIATED WITH DIVESTED STORES UNDER MERGER DEAL TO REMAIN WITH STORES & CONTINUE TO BE OPERATED BY C&S
KROGER IN MEMO SAYS NO FRONTLINE WORKERS WILL LOSE JOBS & NO STORES WILL CLOSE DUE TO MERGER WITH ALBERTSONS
KROGER IN MEMO SAYS FOLLOWING RESOLUTION OF COURT CASES & TRANSACTION CLOSE, ASSOCIATES IN DIVESTED LOCATIONS WILL BECOME ASSOCIATES OF C&S
KROGER IN MEMO SAYS STORE DIVESTITURE AGREEMENT INCLUDES SALE OF THE QFC, MARIANO’S, CARRS AND HAGGEN BANNER NAMES
KROGER IN MEMO SAYS C&S ALSO WILL LICENSE THE ALBERTSONS BANNER IN CALIFORNIA & WYOMING ONLY & SAFEWAY BANNER IN ARIZONA & COLORADO ONLY
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