The Wall Street Journal reports that as speculation persists that Kroger Co. could be the target of private equity companies looking to make an acquisition, or could be interested in pursuing a leveraged buyout (LBO), stock market traders have “snapped up call options on the company. The apparent belief is that Kroger’s stock price is likely to increase in coming weeks, and they want to be positioned to take advantage of the price increase.
Kroger has denied any interested in pursuing an LBO.
Kroger has denied any interested in pursuing an LBO.
- KC's View:
