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Albertsons, Kroger merger scrapped
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 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.
16h
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 ...
2h
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 ...
AZ Central
7h
Kroger-Albertsons merger is off. What's that mean for Arizona shoppers?
Two federal court rulings this week blocked the proposed
Kroger
-
Albertsons
$25 billion supermarket megamerger, meaning the chains will continue to operate separately. Meanwhile,
Albertsons
has ...
9h
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 ...
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Related topics
merger
United States
Federal Trade Commission
Oregon
Rodney McMullen
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