CINCINNATI -- Kroger's purchase of Harris Teeter is complete.
The two companies finalized the deal Tuesday. Harris Teeter stores will not change their name.
According to a news release, Harris Teeter shareholders will receive $49.38 per share of Harris Teeter common stock.
Kroger announced plans to buy Harris Teeter for about $2.5 billion in July 2013. Harris Teeter said mid-February 2013 they were in talks to sell the company.