date:Jan 20, 2014
The U.S. Federal Trade Commission has approved the $2.5 billion purchase of regional grocer Harris Teeter Supermarkets Inc by Kroger Co , deciding the transaction does not violate anti-trust law, the companies said on Friday.
The two supermarket chains said in a statement that they expected the acquisition to be completed before the end of January. The FTC gave its approval without requiring the companies to divest any stores, a law firm that represented Harris Teeter said in a statement.
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