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

December 18, 2015: 12:00 AM EST
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.
"Kroger Completes Tender Offer of Shares of Roundy's", News release, Kroger Company, December 18, 2015, © Kroger Company
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