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Albertsons gives up on merger, sues Kroger
Failure of Kroger-Albertsons Merger May Curb Grocers’ Advertising Ambitions
Kroger’s proposed merger with fellow grocery chain Albertsons ended in acrimony this week as a judge granted the Federal Trade Commissions’s request to block the deal on antitrust grounds. Albertsons then sued Kroger for allegedly not fulfilling its contractual obligations.
Albertsons sues Kroger for failing to win approval of their proposed supermarket merger
Albertsons is giving up on its merger with Kroger a day after it was rejected in two courts, and it is suing the grocery chain, saying it didn’t do enough to secure regulatory approval of the $24.6 billion agreement.
Albertsons Sues Kroger After Judge Blocks $25 Billion Merger
A federal judge blocked the deal and sided with the Federal Trade Commission, which raised antitrust concerns over the merger.
15h
Albertsons gives up on Kroger merger, sues grocery chain for failing to secure deal
Albertsons is giving up on its merger with Kroger a day after it was rejected in two courts and it is suing the grocery chain ...
1h
Kroger CEO responds to Albertsons merger, launches $7.5B share buyback
Kroger is buying back billions of dollars in stock, putting to use some of the capital it was planning to use to buy ...
15h
Albertsons gives up on Kroger merger and sues the grocery chain for failing to secure deal
By DEE-ANN DURBIN Albertsons is giving up on its merger with Kroger and it is suing the grocery chain, saying it didn’t do ...
15h
What new legal drama between Kroger-Albertsons means to their South Sound-area stores
After failed merger, Albertsons sues its former prospective partner, and workers’ unions call for a reinvestment into stores.
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