08/09/2010 05:12 am ET | Updated May 25, 2011

U.S. Bank buys credit card portfolio from King Soopers parent Kroger

U.S. Bank announced Wednesday it has purchased the existing credit card portfolio from the Kroger Co. -- parent of Colorado's King Soopers and City Market grocery chains -- as part of an expanded strategic alliance with Cincinnati-based Kroger. (USB) (KR)

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