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Albertsons Terminates Merger With Kroger
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, saying it didn’t do enough to secure regulatory approval of the $24.6 bil
'I think this merger is dead': What's next for the Kroger Albertsons deal after 2 rulings?
Separately, both judges agreed with regulators the merger posed a risk to reducing competition and also expressed doubts that Kroger's divestiture plan would alleviate the loss of a strong rival.
Albertson's terminates merger, sues Kroger for breach of agreement
After a federal judge ruled in favor of the Federal Trade Commission and agreed to grant a preliminary injunction to block the proposed $25B merger between Albertson’s (NYSE:ACI) and Kroger (NYSE:KR),
ABC15 Arizona
14h
Albertsons, Kroger merger scrapped after courts halt the deal
Albertsons is giving up on its
merger
with
Kroger
a day after it was rejected in two courts ... Judge Marshall Ferguson in Seattle issued a permanent injunction barring the
merger
in ...
Opinion
The Daily Record (Maryland)
7m
Opinion
Albertsons gives up on Kroger merger, sues grocery chain for failing to secure deal
Albertsons is suing Kroger, saying it didn't do enough to secure approval for the $24.6 billion merger agreement.
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