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Kroger and Albertsons to sell 400 stores to Piggly Wiggly parent company

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Kroger and Albertsons are selling roughly 400 stores in an attempt to shore up antitrust approval for the companies' planned merger.

C&S Wholesale Grocers, the parent company of Piggly Wiggly and Grand Union, is buying the stores for $1.9 billion.

Kroger has a pending deal to buy Albertsons for nearly $25 billion.

Read more from CNN Business.


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