Home Finance Kroger’s stock surges after profit beat, pursuit of Albertsons buyout continues

Kroger’s stock surges after profit beat, pursuit of Albertsons buyout continues

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Kroger’s stock surges after profit beat, pursuit of Albertsons buyout continues

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Kroger’s stock leaped toward a near two-year high Thursday, after the grocery chain reported quarterly profit and same-store sales that beat expectations, and indicated it was still pursuing its acquisition of Albertsons Companies Inc. despite regulatory pushback.

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