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Albertsons gives up on merger, sues Kroger
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.
Why The Kroger-Albertsons Merger Was Blocked
In an historic ruling for labor and antitrust advocates, a federal judge blocked the $25 billion merger of grocery giants Kroger and Albertsons.
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.
1h
on MSN
South Korea to safeguard competition after Korean Air, Asiana merger
South Korea will support smaller airlines and monitor market competitiveness after dominant carrier Korean Air completed a $1 ...
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.
17h
Albertsons gives up on Kroger merger and sues the grocery chain for failing to secure deal
The owner of Shaw's and Star Market says Kroger didn't do enough to secure regulatory approval for the $24.6 billion ...
8h
on MSN
The biggest supermarket merger in US history is dead
Albertsons is terminating its proposed merger with Kroger and suing the rival company a day after a federal judge blocked the ...
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