albertsons ftc news - Search News

Albertsons, Kroger merger scrapped

Business Insider · 1d

Kroger's $25 billion acquisition of Albertsons was blocked, marking a win for the FTC

Kroger's $24.6 billion acquisition of Albertsons was blocked by a federal judge. Lawyers for the companies previously said this would sink the deal.

Philadelphia Inquirer · 4h

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.

Quartz on MSN · 1d

The Kroger-Albertsons grocery merger was blocked in a big win for the FTC

In a major victory for the Federal Trade Commission (FTC) and the Biden Administration, a federal judge has temporarily blocked the $25 billion merger between grocery giants Kroger (KR) and Albertsons (ACI),

3h

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 ...

1d

Kroger's $24.6 billion purchase of Albertsons halted by federal judge

Merger would curtail competition for grocery shoppers, Oregon court finds in a decision that could derail the deal.

Albertsons gives up on Kroger merger and sues the 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 moves on from 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 in a megadeal.

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