Kroger agrees to buy grocery Albertsons for $24.6 billion

Kroger agrees to buy grocery Albertsons for $24.6 billion

 2,200 stores in 34 states and Washington, D.C.

 2,200 stores in 34 states and Washington, D.C.

290,000 employee

290,000 employee

$15.2 billion market capitalization

2,800 stores in 35 state

2,800 stores in 35 state

$33.3 billion market capitalization

Kroger is the second-largest grocer by market share in the United States

Kroger is the second-largest grocer by market share in the United States

Combined, Kroger and Albertsons employ more than 700,000 people across about 5,000 stores

Combined, Kroger and Albertsons employ more than 700,000 people across about 5,000 stores

The companies said Kroger agreed to buy Albertsons for $34.10 a share in a deal valued at $24.6 billion.

The companies said Kroger agreed to buy Albertsons for $34.10 a share in a deal valued at $24.6 billion.

Albertsons would be a closer second to Walmart 

Albertsons would be a closer second to Walmart