NEW YORK (AP) — Kroger plans to buy fellow grocer Roundy’s for about $178 million to expand in the Midwest. Roundy’s Inc., based in Milwaukee, owns about 151 stores in Wisconsin and Illinois. Its stores include Copps, Mariano’s, Metro Market and Pick ‘n Save. Kroger said the deal will give it a presence in new areas. Cincinnati-based Kroger Co. operates more than 2,600 stores in 34 states. It owns several supermarket chains, including City Market, Ralphs and Harris Teeter. Kroger said it will pay $3.60 for each share of Roundy, a 61 percent premium from Roundy’s closing price of $2.18 on Tuesday. Including debt, Kroger valued the deal at $800 million. The deal is expected to close before the end of the year. Shares of Roundy’s jumped 64 percent in morning trading Wednesday.
Written by: Radio Plus
photo: waupun mayor rohn bishop The Waupun Common Council has postponed action on wage increases for paid on call firefighters and elected officials to get more public input. The council discussed the matter, sometimes heated, at their meeting this week and will take up the issue again at their April 8th meeting. If […]
todayMarch 27, 2025
A house fire near New Holstein claimed the life of a child. Shortly after 2am Wednesday firefighters were called to the scene on Honeymoon Hill Road near County Road T. A child in the home was pronounced dead at a hospital. The cause of the fire remains under investigation.
todayMarch 27, 2025
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