The Law Firm Of Wohl & Fruchter Commences Investigation Into The Acquisition Of Harris Teeter Supermarkets, Inc. By The Kroger Co.

The law firm of Wohl & Fruchter LLP is investigating the proposed acquisition of Harris Teeter Supermarkets, Inc. (Harris Teeter) (NYSE: HTSI) by The Kroger Co. (Kroger).

On July 9, 2013, Harris Teeter announced that Kroger will acquire all of the outstanding shares of Harris Teeter for $49.38 per share in cash. The acquisition price is a premium of less than 2% over the closing price of HTSI stock on July 8, 2013.

Kroger stated that Harris Teeter will continue to be led by its top management.

Wohl & Fruchter’s investigation concerns the potential unfairness of the consideration being provided to Harris Teeter shareholders, and the terms of the acquisition, and whether the transaction was motivated by conflicts of interest.

Additional information is available at  http://www.wohlfruchter.com/cases/htsi.

Persons with relevant information, and Harris Teeter shareholders with questions about this investigation, are invited to contact our Firm by calling 866.582.8140, or contacting the attorney below.

About Wohl & Fruchter

Wohl & Fruchter LLP represents plaintiffs in litigation arising from fraud and other fiduciary breaches by corporate managers, as well as other complex litigation matters. Please visit our website, www.wohlfruchter.com, to learn more about our Firm, or contact one of our partners.

Contact:

J. Elazar Fruchter ( jfruchter@wohlfruchter.com)845.425.4658Wohl & Fruchter LLP570 Lexington AvenueNew York, NY 10022 www.wohlfruchter.com

This release may be deemed to constitute attorney advertising.

Copyright Business Wire 2010

If you liked this article you might like

Jana Nominates Former Kellogg Executive for Whole Foods Board

Why Kroger (KR) Stock Is Higher This Morning

Dividend Watch: 5 Stocks Going Ex-Dividend Tomorrow: GUT, JRI, MVF, NRK, HTSI

Insider Trading Alert - HTSI, GTI, CTCT, WAC And MNRO Traded By Insiders

Cramer's 'Mad Money' Recap: Hot Stocks, Hot Market