More consolidation

November 30, 2015 by MMR Bob Mariano, CEO, chairman, chief executive officer, Kroger Co., president, Rodney McMullen, Roundy’s Inc., Willis Stein & Partners 2015, Issue 11-30-2015, Issues

CINCINNATI – Kroger Co. has agreed to buy 151-store Roundy’s Inc. for some $800 million, including debt. Kroger will purchase all outstanding shares of Roundy’s for $3.60 per share, a premium of about 65% to its closing price on November 10. The deal, which is expected to close by year-end, was unanimously approved by the