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Albertsons suing Kroger 'for billions,' cancels merger
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 chain, saying it didn’t do enough to secure regulatory approval of the $24.6B agreement.
Albertsons Backs Out of Merger Deal and Sues Kroger After Court Rulings
The supermarket chain had tried to join forces with Kroger, but judges sided with federal and state regulators who charged that the merger would reduce competition.
7h
on MSN
Colorado Attorney General reacts after grocery store merger between Albertsons, Kroger called off
Colorado Attorney General Phil Weiser reacted after learning the proposed merger between Albertsons and Kroger, the parent ...
8h
Busted Kroger-Albertsons merger means no Piggly Wiggly stores for New Mexico -- at least for now
Greg Frazier said he and other members of United Food and Commercial Workers Local 1564 were "feeling good" after the Kroger ...
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 ...
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Kroger
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