Kroger plans to finance the transaction with debt and refinance Roundy's existing debt of $646 million based on market conditions
November 16, 2015
The Kroger Co., Cincinnati, and Roundy’s Inc., Milwaukee, announced a definitive merger agreement on Nov. 11 under which Kroger will purchase all outstanding shares of Roundy’s for $3.60 per share in cash. The terms of the agreement were unanimously approved by the boards of directors of both companies.