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Kroger seeks to create grocery giant in $20B Albertsons bid

An Albertsons grocery store. (Sarah A. Miller/Idaho Statesman via AP) FILE - A customer removes her purchases at a Kroger grocery store in Flowood, Miss., Wednesday, June 26, 2019. Two of the nation’s largest grocers have agreed to merge in a deal that would help them better compete with Walmart, Amazon and other major companies that have stepped into the grocery business. Kroger on Friday, Oct. 14, 2022 bid $20 billion for Albertsons Companies Inc., or $34.10 per share.(AP Photo/Rogelio V. Solis, File) FILE - In this June 26, 2019, file photo a customer exits a Kroger fueling center in Flowood, Miss. Two of the nation’s largest grocers have agreed to merge in a deal that would help them better compete with Walmart, Amazon and other major companies that have stepped into the grocery business. Kroger on Friday, Oct. 14, 2022 bid $20 billion for Albertsons Companies Inc., or $34.10 per share. (AP Photo/Rogelio V. Solis, File) FILE - Mitch Maddox, a bread route salesman, loads bread Tuesday, May 30, 2006, outside the Eagle Rock Albertsons store in Los Angeles. Two of the nation’s largest grocers have agreed to merge in a deal that would help them better compete with Walmart, Amazon and other major companies that have stepped into the grocery business. Kroger on Friday, Oct. 14, 2022 bid $20 billion for Albertsons Companies Inc., or $34.10 per share. (AP Photo/Damian Dovarganes, File) FILE - Exterior of the Kroger grocery store in Novi, Mich., is seen Saturday, Jan. 23, 2021. Two of the nation's largest grocers are planning to merge. Kroger said Friday, Oct. 14, 2022, it has agreed to acquire Albertsons in a $20 billion deal. (Ed Pevos/Ann Arbor News via AP, File)
Kroger seeks to create grocery giant in $20B Albertsons bid