Colorado Attorney General Phil Weiser reacted after learning the proposed merger between Albertsons and Kroger, the parent company of King Soopers and City Markets, will no longer move forward.

Albertsons' bid to merge with grocery rival Kroger collapsed Wednesday, saving hundreds of Colorado stores for now. Why it matters: The hotly contested merger had the potential to impact workers and farmers if the combined chain consolidated.

Colorado still awaits a ruling from a Denver judge in a case brought by Attorney General Phil Weiser that opposes a merger of grocery store giants Kroger and Albertsons after two rulings blocking the merger in other states were announced Tuesday.