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Albertsons, Kroger merger scrapped
Albertsons demands billions from rival Kroger after terminating merger bid
Albertsons and Kroger terminated their $25 billion merger plan on Wednesday after courts blocked the deal, with the former suing its rival and alleging a breach of contract that led to the deal's demise.
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.
Albertsons suing Kroger 'for billions,' cancels merger after court rulings
Albertsons announced Wednesday it is pulling out of its plans to merge with Kroger, citing two court rulings on Tuesday barring the transaction.
Marketplace
18h
Albertsons gives up on Kroger merger, sues the grocery chain for failing to secure deal
Albertsons is now saying that Kroger didn’t do enough to secure regulatory approval for the $24.6 billion merger deal.
18h
Supreme Court allows investor lawsuit against chipmaker Nvidia
Shareholders filed a class-action lawsuit claiming they were misled by Nvidia, the microchip-making behemoth that is the world’s second-most-valuable company.
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