Boxed in talks to be acquired by Kroger for $500 million

Boxed in talks to be acquired by Kroger for $500 million

6 years ago
Anonymous $1bh8zaeyQS

https://techcrunch.com/2018/01/12/boxed-in-talks-to-be-acquired-by-kroger-for-500-million/

New York-based Boxed, the startup for buying food and household items in bulk, is in talks to be acquired by Kroger for about $500 million. Other retailers are also expected to be making bids.

The news was first reported by Forbes and confirmed to TechCrunch by a source with knowledge of the situation. We’re hearing that the company is aiming to make a decision this weekend.