Marsh Supermarkets: Kroger buying Indiana competitor's stores

Kroger Co. has won its bid to buy 11 Marsh Supermarkets stores in Indiana through federal bankruptcy court. Kroger, through its Topvalco Inc. unit, will pay $16 million to acquire seven Marsh stores in the Indianapolis area and two each in Bloomington and Muncie, according to documents filed in U.S. Bankruptcy Court in Delaware. Cincinnati-based Kroger (NYSE: KR) is the nation's largest operator of traditional supermarkets with 2,796 stores in 35 states and the District of Columbia. It operates...