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 · 5h

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

FTC wins big as judge blocks Kroger-Albertsons merger

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),

17h

Kroger CEO responds to Albertsons merger with $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 ...

19h

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 ...

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