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Albertsons gives up on merger, sues Kroger
Kroger-Albertsons merger blocked by federal and Washington state judges
Under a divestment plan, C&S Wholesale Grocers would acquire three stores in Port Orchard and a Safeway along Highway 303 in East Bremerton from the merged Kroger-Albertsons. C&S would also take over two stores in Gig Harbor and a QFC in Belfair.
Albertsons ends merger deal, accuses Kroger of ‘self-serving conduct’
Albertsons is suing Kroger for breach of contract and accusing it of failing to exercise its “best efforts” to get regulatory approval for the merger.
Albertsons gives up on Kroger merger and sues the grocery chain for failing to secure deal
Kroger and Albertsons' plan for the largest U.S. supermarket merger in history crumbled Wednesday, with Albertsons pulling out of the $24.6 billion deal and the two companies accusing each other of not doing enough to push their proposed alliance through.
2d
'I think this merger is dead.' What's next for the Kroger Albertsons deal after 2 rulings?
With two judges ruling against its merger proposal, Kroger’s $25 billion bid to take over Albertsons was delayed at least a year and possibly forever.
2d
Judges reject proposed mega-merger of Kroger and Albertsons, sparing two Spokane Safeway stores from closure
Albertsons is based in Boise and owns a separate group of 2,200 stores, including Safeway, Vons, Tom Thumb and Kings Food ...
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