The merger would have been the largest supermarket merger in U.S. history, but instead was terminated after a court blocked it on Tuesday.
The Washington ruling marks the second major blow to Kroger and Albertsons’ plan to combine, coming shortly after Judge ...
But the Federal Trade Commission (FTC) sued earlier this year, asking Nelson to block the $24.6 billion deal until an ...
On Wednesday, Albertsons filed a lawsuit against its former potential partner saying that Kroger didn’t make its “best ...
A federal judge on Tuesday ruled to temporarily halt a proposed $24.6 billion merger between supermarket giants Kroger and ...
Albertsons, Safeway’s parent company, announced it had terminated its $24.6 billion merger agreement with Kroger Wednesday ...
AP Business Writer 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 ...
The day after a federal judge in Oregon blocked a merger between two supermarket giants, Albertsons canceled the agreement ...
Two rulings — in federal and state courts — make it increasingly likely that Kroger might abandon its $24.6 billion plan to ...
Idaho-based U.S. grocery company Albertsons Cos. said it filed a lawsuit against Kroger Co., claiming it failed to exercise "best efforts" and take "any and all actions" needed to secure regulatory ...
November's inflation report showed a moderate 2.7% annual increase, which may give the Federal Reserve reason to continue cutting interest rates.