Albertsons is suing Kroger for breach of contract and accusing it of failing to exercise its “best efforts” to get regulatory ...
Alberstons Wednesday announced a lawsuit against Kroger claiming breach of contract and alleging a failure to exercise best ...
The supermarket chain had tried to join forces with Kroger, but judges sided with federal and state regulators who charged ...
The move came the day after two judges halted the merger in separate court cases.
Albertsons is accusing Kroger of sinking a proposed merger that would have formed a mega-chain of over 4,400 grocery stores.
For the two grocery rivals, which had been on track to marry their numerous supermarket banners, the lawsuit amounts to a ...
A federal judge blocked the deal and sided with the Federal Trade Commission, which raised antitrust concerns over the merger ...
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 ...
Thwarted by federal and state judges, Albertsons gave up on its proposed $24.6 billion sale to Kroger and sued its would-be ...
Albertsons’ lawsuit said the rival grocery company failed to exercise its best efforts to win regulatory approval for the $20 ...
But the Federal Trade Commission (FTC) sued earlier this year, asking Nelson to block the $24.6 billion deal until an ...
The Boise-based supermarket chain said Kroger failed to exercise “best efforts” to secure regulatory approval of the merger.