Kroger’s Tender Offer For Roundy’s Outstanding Shares Expires

Kroger Co.’s tender offer for the outstanding shares of Roundy’s Supermarkets, a retail chain with 166 stores, 99 pharmacies and 22,000 employees in Wisconsin and Illinois, has expired.  Kroger will pay $3.60 a share in cash for the chain. Included in the offer were about 33,144,128 shares, or 67 percent of the total outstanding. Bob Mariano will remain president and CEO of Roundy’s, a position he has held since 2002.