Blue Apron surges after Kroger buys a rival (APRN, KR)
|05/24/2018||Posted by BusinessMediaguide.Com under General World News||
- 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.
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 >>>