Kroger Co. could be a logical buyer for Whole Foods Market Inc. after all.
A Wall Street analyst wrote in a report to clients on April 20 that a Kroger acquisition of Austin-based Whole Foods (Nasdaq: WFM) would be a big benefit to Cincinnati-based Kroger (NYSE: KR).
Edward Kelly, an analyst who tracks Kroger for Credit Suisse, wrote that a Kroger purchase of Whole Foods “would marry each company’s strengths with the other’s weaknesses, unlock massive cost synergies that could reach 3 percent…
#URLinkedUp Austin Business News – Local Austin News | Austin Business Journal http://www.bizjournals.com/austin/news/2017/04/24/the-case-for-kroger-buying-whole-foods-market.html?ana=RSS%26s=article_search
#Austin Check out URLinkedUp > http://www.urlinkedup.com