Kroger Not for Sale, Dillon Tells Workers

CINCINNATI Kroger Co. here has ruled out the possibility that it is for sale after reports said it could be a target for a leveraged buyout by private equity. The idea of a buyout was raised in an April 6 story in the Wall Street Journal, which cited unnamed sources as saying Kroger was being examined by private investment firms as a possible takeover candidate. David B. Dillon, chairman and chief

CINCINNATI — Kroger Co. here has ruled out the possibility that it is for sale after reports said it could be a target for a leveraged buyout by private equity.

The idea of a buyout was raised in an April 6 story in the Wall Street Journal, which cited unnamed sources as saying Kroger was being examined by private investment firms as a possible takeover candidate.

David B. Dillon, chairman and chief executive officer, said in a strongly worded memo to employees t

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