Who is interested in buying harris teeter

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That has done little to quell speculation about who might be interested in the grocery chain. Lakeland, Fla. However, it has also aid it is "aggressively looking to expand in the North Carolina market. Cerankosky is a equity-research analyst who covers the food-marketing sector.

Cerberus could be a good fit. The private-equity firm has been active with food retailers and could find Harris Teeter attractive if the price is right, Cerankosky notes.

Cerankosky notes many of Cerberus' previous grocery acquisitions have been at a fraction of the cost the firm would pay to buy land and build its own stores. That's not the case with Harris Teeter, which is a strong and growing company, he adds. And just because Harris Teeter is exploring its options doesn't mean it will be sold, Cerankosky points out. He sees three potential outcomes: Harris Teeter could be acquired.

It could make a financial move such as completing a stock buyback. Or the talks could position the grocery chain to make acquisitions of its own. Harris Teeter operates stores in eight states, including the Carolinas. Skip to content. WBTV News. About WBTV. Publix, Livingston pointed out, is a privately held company whose employees hold stock.

Livingston said Publix's size and its distinctive culture might make it tough to absorb a completely different chain such as Harris Teeter. But Livingston said the company has experienced difficulty buying other chains in the past, and he doesn't expect it to buy Harris Teeter.

The competitive environment in Charlotte has become more intense, Livingston noted. Wal-Mart is opening new stand-alone grocery stores and hitting Harris Teeter with a direct price-challenge advertising campaign. And Publix is starting a new Charlotte division, with its first North Carolina store in Ballantyne opening next year.

N have sold off significant assets. The stock has run up 31 percent since January 18, when the first reports emerged that the company was up for sale. Harris Teeter shares were up 1. Kroger shares were up 2.