The Latest Breaking News from Albertsons Cos

Kroger Co. agreed to buy Albertsons Cos. in a deal with an enterprise value of $24.6 billion that would create a U.S. grocery giant with almost 5,000 stores and annual revenue of about $200 billion.

Albertsons Companies Inc (NYSE:ACI) customers can use supplemental benefits to purchase over-the-counter medications and fresh produce in the company's stores. The program provides access to customers using pre-paid cards funded by Medicare Advantage plans, employer incentives, healthcare providers, or local governments. The company has partnered with technology payments platforms such as Solutran's S3…