The US Federal Trade Commission has given its approval to the purchase of Harris Teeter by Kroger Co, according to a statement from both supermarket chains, Reuters reported.
Harris Teeter
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Piggy Wiggly Carolina Co said it would sell 29 stores located in South Carolina and Georgia.
Kroger Co. agreed to purchase Teeter Supermarkets Inc. for around US$2.5 billion.
The 1330-year old company said it will purchase Harris Teeter and will assume its US $100 million debts.