Program has granted more than $5 million in scholarship fundsCINCINNATI, Aug. 21, 2024 /PRNewswire/ -- The Kroger Co. (NYSE: KR) Foundation today announced the Kroger Scholars for the 2024-2025 academic year, awarding $300,000 to 120 students. All scholars are the children of Kroger associates and receive $2,500 toward any accredited two- or four-year college, university or vocational program. Launched in 2008, the Kroger Scholars Program has awarded more than $5 million in scholarship funds."To be selected ...

WendellandCarolyn Last year, I wrote about Kroger (NYSE:KR) and argued that it had an attractive valuation. I also liked its dividend growth record. Today, I'd only really support the latter argument. I hold the stock, and I plan to continue doing so. However, I'm not in a huge hurry to add more shares. Kroger is a great company with a long history. It has stores throughout the United States, and it sells many products under its own label. It put out a bid to buy Albertsons (ACI) for $24.6 billion in Oc ...

文章核心观点 - 公司宣布发行总计10亿美元的4.700%到期于2026年的优先票据、10亿美元的4.600%到期于2027年的优先票据、14亿美元的4.650%到期于2029年的优先票据、13亿美元的4.900%到期于2031年的优先票据、22亿美元的5.000%到期于2034年的优先票据、21亿美元的5.500%到期于2054年的优先票据以及15亿美元的5.650%到期于2064年的优先票据 [1] - 公司计划使用发行所得款项的一部分支付与Albertsons Companies, Inc.合并的现金对价 [2] - 2026年、2027年、2029年和2031年到期的优先票据在某些情况下存在特别强制赎回条款,如果合并交易终止或未能在约定日期前完成 [3] - 如果合并交易未能完成,公司计划将2034年、2054年和2064年到期的优先票据所得款项用于一般公司用途 [3] 公司信息 - 公司名称为The Kroger Co.(纽交所代码:KR),致力于"滋养人类精神"的使命 [8] - 公司拥有近42万名员工,每天为1100万客户提供无缝的数字购物体验和各种品牌的零售食品店 [8] 交易信息 - 公司正在与Albertsons Companies, Inc.进行合并交易,并于2022年10月13日签署了相关协议 [2] - 本次债券发行所得款项将用于支付部分合并交易的现金对价 [2]

文章核心观点 - 克罗格公司(Kroger)向联邦法院申请禁令,阻止联邦贸易委员会(FTC)阻止其240亿美元收购艾伯特森公司(Albertsons)的行政程序[1][2] - 克罗格公司同时宣布将发行债券,用于支付部分收购现金对价[3] - FTC认为克罗格-艾伯特森合并将限制竞争,提高食品价格,但两家公司否认了这一说法,并正在出售门店以获得监管批准[4] 根据相关目录分别进行总结 克罗格公司的应对措施 - 向联邦法院申请禁令,阻止FTC阻止其收购艾伯特森公司的行政程序[1][2] - 宣布发行债券,用于支付部分收购现金对价[3] FTC的担忧及公司的回应 - FTC认为克罗格-艾伯特森合并将限制竞争,提高食品价格[4] - 两家公司否认了FTC的说法,并正在出售门店以获得监管批准[4] 股价表现 - 克罗格公司股价下跌约2%,报51.79美元,但今年已上涨约13%[5] - 艾伯特森公司股价下跌不到1%,报20.74美元,今年已下跌9%[5]

Kroger sued the Federal Trade Commission on Monday, seeking to block the regulator from reviewing the grocery chain’s proposed $25 billion merger with smaller rival Albertsons in its in-house tribunal.Kroger called the tribunal unconstitutional, saying the matter should be resolved in a federal court.The lawsuit filed in Cincinnati comes a week before the company is scheduled to face a trial where the FTC has asked a federal judge in Portland, Ore., to temporarily block the merger while its in-house judges ...

FTC's in-house tribunal violates Constitutional protections against federal government overreachCompany remains prepared to defend merger with Albertsons in upcoming federal court trial CINCINNATI, Aug. 19, 2024 /PRNewswire/ -- The Kroger Co. (NYSE: KR) today filed a motion for preliminary injunction in the U.S. District Court, Southern District of Ohio, against the Federal Trade Commission's (FTC) administrative proceeding challenging the company's merger with Albertson's Companies, Inc. The company argues ...

Grocery giant Kroger pledged to slash prices at Albertsons stores by $1 billion following its proposed acquisition of the rival chain — but Wall Street is increasingly skeptical the deal will win government approval as food inflation continues to roil US politics.Kroger is raising the stakes of the $25 billion mega-deal since previously promising to lower prices by $500 million across Albertsons stores — a concession meant to soothe antitrust concerns that the tie-up will create a monopoly that can hike pri ...

Kroger has reportedly doubled the value of price cuts it has committed to making if its merger with Albertsons goes through.The grocery store operator plans to lower prices by $1 billion, a figure that’s up from the $500 million in cuts it previously committed to make, Bloomberg reported Thursday (Aug. 15), citing a Kroger spokeswoman.Kroger made the commitment to appease regulators at a time when the merger is facing a federal court challenge, two state lawsuits and a Federal Trade Commission (FTC) adminis ...

CINCINNATI, Aug. 15, 2024 /PRNewswire/ -- The Kroger Co. (NYSE:KR) ("Kroger" or the "Company") announced today that it has commenced private exchange offers to certain eligible holders ("Eligible Holders") (each an "Exchange Offer" and, collectively, the "Exchange Offers") for any and all outstanding notes (the "ACI Notes") issued by Albertsons Companies, Inc. (NYSE:ACI) ("ACI"), New Albertsons, L.P. ("NALP"), Safeway Inc. ("Safeway"), Albertson's LLC ("Albertsons"), Albertsons Safeway LLC ("ASL") and Ameri ...

Get your kitchen back-to-school ready CINCINNATI, Aug. 12, 2024 /PRNewswire/ -- The Kroger Co. (NYSE: KR) today shared how customers can stock their fall pantries for less featuring Smart Way™ favorites under $3 from the retailer's Our Brands opening price point product line."Customers love Smart Way™ because of the exceptional value, reliable quality and growing assortment of staple products it provides," said Juan De Paoli, Vice President, Our Brands for Kroger. "With Smart Way™, you can trust that stocki ...