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Kroger is said to consider buying online wholesaler Boxed for up to $500 million

Grocery chain Kroger has considered buying online wholesaler Boxed, according to a person familiar with the matter, as more shoppers place food orders online and as competition with Amazon.com Inc heats up.

The potential deal, which arose as the New York-based start-up was seeking funding, likely values Boxed at between $ 325 million and $ 500 million, said the person, who spoke on condition …
Business

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