Kroger to Buy Grocer and Pharmacy Retailer Giant Eagle in $1.65 Billion Deal

Kroger said Wednesday it plans to buy regional grocer and pharmacy retailer Giant Eagle in a deal valued at $1.65 billion.

Giant Eagle, which is privately held, has 197 supermarkets and 11 standalone pharmacies across northern Ohio, western Pennsylvania, West Virginia, Maryland and Indiana. They would continue to operate under the Giant Eagle name under the terms of the deal.

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