business news in context, analysis with attitude

The Cincinnati Enquirer reports that Harris Teeter shareholders yesterday approved the $2.5 billion acquisition of the company by Kroger, a deal that is expected to be finalized by the end of the year if regulatory approvals come through.

(No government objections are expected, but because of the shutdown, nobody at the Federal Trade Commission is talking. Or even, apparently, answering the phone.)

Both companies have said that they think the deal will be a positive one across the board - that Kroger will bring operating efficiencies to Harris Teeter, and Harris Teeter will bring customer service and fresh foods expertise to Kroger.
KC's View: