SEC ORDERS KROGER TO PERMIT VOTE

CINCINNATI -- The Securities and Exchange Commission ruled last week that Kroger Co. here must let shareholders vote on a proposal that, according to dissident shareholders, would improve corporate governance at the company.The submission, according to a draft obtained by SN, requires Kroger to create a shareholders' committee if a proposal approved by a majority of shareholders at the company's annual

CINCINNATI -- The Securities and Exchange Commission ruled last week that Kroger Co. here must let shareholders vote on a proposal that, according to dissident shareholders, would improve corporate governance at the company.

The submission, according to a draft obtained by SN, requires Kroger to create a shareholders' committee if a proposal approved by a majority of shareholders at the company's annual meeting is not acted upon by Kroger's board of directors within 180 days. The prop

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