date:Jul 10, 2013
lity and customer service as well as excellent value in an increasingly competitive market.
Kroger will finance the transaction with debt. Kroger also intends to assume Harris Teeter's outstanding debt of approximately $100 million. Consistent with Kroger's and Harris Teeter's shared long-term commitment to returning cash to shareholders, Kroger intends to continue its quarterly dividend and share repurchase program while managing free cash flow to reduce the leverage taken on from this merger.