Kroger and Harris Teeter deal gets early approval from FTC
Kroger and Harris Teeter deal gets early approval from FTC
The Kroger Co. and Harris Teeter Supermarkets Inc. announced that the Federal Trade Commission granted early termination of the waiting period under the Hart-Scott-Rodino Antitrust Improvements Act of 1976 with respect to the pending merger transaction between the two companies.
The early termination of the HSR waiting period satisfies one of the conditions to the closing of the pending merger, which remains subject to other customary closing conditions. Both companies expect the transaction to be completed before the end of January.