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Harris Teeter sells Rancher Beef and Reserve Angus. What grades of beef are these? Prime, Choice, Select, etc.?
There are some 2,500 Kroger-owned locations spread across 31 states. On Tuesday, the grocery giant Kroger Company announced that it would buy Harris Teeter, a relatively small grocery chain, for $2.4 billion. Under the agreement, Kroger will purchase all outstanding shares of Harris Teeter for $49.38 per share in cash and assume $100 million in debt.