Kroger and Albertsons Planned To Merge At $25 Billion Cost

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The giant supermarkets of US Kroger and Albertsons announced a merger on Friday (14 October).

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Kroger is the biggest supermarket in the US and Albertsons comes in second number.

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Kroger has 420,000 employees and more than 2,700 stores.

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And Albertsons has 290,000 employees and almost 2,300 stores.

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In this deal between Kroger and Albertsons, Kroger will acquire Albertsons.

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And the cost of this deal is $24.6 billion.

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Let's see if the deal makes the customers happy with lower product prices.

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