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The Kroger Co Acquires Harris Teeter (KR, HTSI)

The Kroger Co. (NYSE: KR) announced on Tuesday that it has agreed to purchase the supermarket operator, Harris Teeter Supermarkets Inc. (NYSE: HTSI) in cash deal estimated at $2.5 billion or $49.38 a share.

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Major Movers on July 9; SIRI, ISRG, WDFC, BKS, KR, HTSI

Shares of the satellite radio company, Sirius XM Radio Inc. (NASDAQ: SIRI) gained 2.90 by mid-day trade on Tuesday. The Company said that it added 715,000 new subscribers in the fiscal second quarter, raising its total base in excess of 25 million.

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