8-KThe WireStrategic
Agreement Terminated · Reg FD Disclosure
Filed Dec 11, 2024 · 1y ago · Accession 0001104659-24-127669
Plain English
Material event — a significant development the company must disclose promptly.
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Filing text
View original ↗SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, DC 20549
FORM 8-K
CURRENT REPORT PURSUANT
TO SECTION 13 OR 15(d) OF THE
SECURITIES EXCHANGE ACT OF 1934
Date of report (Date of earliest event reported):
December 11, 2024
The Kroger Co.
(Exact Name of Registrant as Specified in Its Charter)
Ohio
No. 1-303
31-0345740
(State
or Other Jurisdiction of
Incorporation)
(Commission
File Number)
(IRS
Employer Identification
No.)
1014 Vine Street
Cincinnati , OH 45202
(Address of Principal Executive Offices) (Zip Code)
( 513 ) 762-4000
(Registrant’s Telephone Number, Including Area Code)
Check the appropriate
box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the
following provisions:
¨ Written communications pursuant to Rule 425 under the Securities
Act (17 CFR 230.425)
¨ Soliciting material pursuant to Rule 14a-12 under the Exchange
Act (17 CFR 240.14a-12)
¨ Pre-commencement communications pursuant to Rule 14d-2(b) under
the Exchange Act (17 CFR 240.14d-2(b))
¨ Pre-commencement communications pursuant to Rule 13e-4(c) under
the Exchange Act (17 CFR 240.13e-4(c))
Securities Registered Pursuant to Section 12(b) of the Act:
Title of Each Class
Trading
Symbol(s)
Name Of Each Exchange On Which
Registered
Common Stock, $1.00 par value per share
KR
New
York Stock Exchange
Indicate by
check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405
of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§240.12b-2 of this chapter).
Emerging growth
company ¨
If
an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying
with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. ¨
Item 1.02 Termination of a Material Definitive Agreement.
On December 11, 2024, The Kroger Co. (“Kroger” or
the “Company”) delivered a notice (the ‘Termination Notice”) to Albertsons Companies, Inc. (“Albertsons”)
terminating the previously announced Agreement and Plan of Merger, dated as of October 13, 2022, by and among the Company, Albertsons
and Kettle Merger Sub, Inc. (“Merger Sub”), which provided for the merger of Merger Sub with and into Albertsons, with
Albertsons as the surviving corporation and a direct, wholly owned subsidiary of Kroger (the “Merger” and such agreement,
the “Merger Agreement”). Capitalized terms used and not defined herein have the meanings assigned to them in the Merger Agreement.
The Termination Notice further notified Albertsons that a prior termination letter sent by Albertsons to Kroger, dated December 10,
2024, is not an effective termination. In connection with the Termination Notice, Kroger notified Albertsons that Kroger has no obligation
to pay the Parent Termination Fee because Albertsons has failed to perform and comply in all material respects with its covenants under
the Merger Agreement.
The Company's termination of the Merger Agreement followed the December 10,
2024 decision of United States District Court for the District of Oregon in the case Federal Trade Commission et al. v. The Kroger Company
and Albertsons Companies, Inc. (Case No.: 3:24-cv-00347-AN), whereby the court issued a preliminary injunction enjoining the consummation
of the Merger.
Item 7.01. Regulation FD Disclosure.
On December 11, 2024, the Company issued a press release regarding
the matters described in Item 1.02 of this Current Report on Form 8-K, a copy of which is filed as Exhibit 99.1.
Item 9.01 Financial Statements and Exhibits
(d) Exhibits
99.1
Press Release, dated December 11, 2024
104
Cover Page Interactive Data File (embedded within the Inline XBRL document).
SIGNATURES
Pursuant to the requirements of the Securities
Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.
THE KROGER CO.
By:
/s/ Christine
S. Wheatley
Name:
Christine S. Wheatley
Title:
Senior Vice President, General Counsel and Secretary
Date: December 11, 2024
Filing details
- Company
- KROGER CO
- Ticker
- KR
- CIK
- 56873
- Form type
- 8-K
- Filing date
- Dec 11, 2024
- Report date
- Dec 11, 2024
- Document
- tm2427516d10_8k.htm
- Size
- 263 KB