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Albertsons gives up on merger, sues Kroger
Albertsons drops $25 billion merger deal, sues Kroger after courts raise antitrust concerns
The day before the lawsuit, two judges put the brakes on the multibillion-dollar deal until regulators examined its antitrust implications.
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
(AP) - 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 for the $24.6 billion agreement.
WFIN
5m
Judge Blocks Kroger/Albertsons Merger
The grocery mega-merger between Cincinnati-based Kroger and Albertsons is dead after two courts rejected the merger based on ...
12h
King County Superior Court judge issues permanent injunction on Kroger-Albertsons merger
Judges overseeing two separate cases to block the $24.6 billion merger of Kroger and Albertsons put a halt to it on Dec. 10.
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