Kroger seeks to create grocery giant in...
Two of the nation’s largest grocers have agreed to merge in a deal they say would help them better compete with Walmart, Amazon and other major companies that have stepped into the grocery business. Kroger on Friday bid $20 billion for Albertsons, or $34.10 per share. Kroger will also assume $4.7 billion of Albertsons’ debt. Kroger Chairman and CEO Rodney McMullen, who would retain those titles at the combined company, said the combination could save $1 billion annually in...



