Kroger (KR)/ Vitacost (VITC) Deal Called 'Smart' at Deutsche Bank
FREE Breaking News Alerts from StreetInsider.com!
StreetInsider.com Top Tickers, 8/20/2026
- Wall Street sinks as bond yields rise, Walmart results disappoint
- Walmart shares fall despite earnings beat
- Alibaba stock dips as Q2 profit misses estimates despite strong AI cloud growth
- Wolfe remains "broadly bullish on AI semis stocks", names Top Pick
- Moderna stock pulls back after massive one-day rally: analysts weigh in
- Marvell issues Google warrant tied to custom chip deal
- FOMC minutes from July 28-29th meeting
- US stock futures steady after tech slump; investors focus on Middle East tensions
- Lowe's Cos. (LOW) Tops Q2 EPS by 17c, Misses on Revenue; Offers Fy27 Guidance
- Wall Street sinks as bond yields rise, Walmart results disappoint
Vitamin Shoppe (VSI), GNC (GNC) Lower Following Kroger, Vitacost.com Deal (KR) (VITC)
July 2, 2014 10:08 AM EDTVitamin Shoppe (NYSE: VSI) and GNC (NYSE: GNC) are lower following a noted M&A deal in the segment.
Kroger (KR) to Acquire Vitacost (VITC) for $8/Share
July 2, 2014 8:01 AM EDTThe Kroger (NYSE: KR) and Vitacost.com, Inc. (Nasdaq: VITC) announced a definitive merger agreement under which Kroger will purchase all outstanding shares of Vitacost.com for $8.00 per share in cash, or approximately $280 million.
The purchase price represents a premium of 51% to Vitacost.com's closing share price on Feb. 19, 2014, the day before a major Vitacost.com shareholder publicly asked the company to evaluate strategic alternatives. The terms of the agreement were unanimously approved by the Boards of Directors of both companies.
Under the terms of... More
