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Blue Apron surges after Kroger buys a rival (APRN, KR)





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  • Blue Apron is up more than 5% Thursday after Kroger announced that it will acquire meal-kit company Home Chef.
  • Blue Apron shares have previously risen on speculation around a buyout.
  • Watch Blue Apron trade in real-time here.

Blue Apron is up more than 5% Thursday after Kroger announced it will acquire the meal-kit-delivery company Home Chef.

Kroger agreed to buy Home Chef for an initial payment of $200 million. The deal, which is set to close in a month, may include payments of up to $500 million over the next five years, given that certain milestones are read more >>>

Source:: BusinessInsider.Com

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