Q. During fiscal 2019, Kroger sold its Turkey Hill Dairy business for a gain. What...
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Q. During fiscal 2019, Kroger sold its Turkey Hill Dairy business for a gain. What was the book value of Turkey Hill Dairys net assets that Kroger disposed of?
On April 26, 2019, the Company completed the sale of its Turkey Hill Dairy business to an affiliate of Peak Rock Capital for total proceeds of $225. The sale resulted in a gain of $106,$80 net of tax, which is included in "Gain on sale of businesses" in the Consolidated Statements of Operations
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