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Albertsons suing Kroger 'for billions,' cancels merger
Albertsons sues Kroger for failing to win approval of their proposed supermarket 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, saying it didn’t do enough to secure regulatory approval of the $24.6 billion agreement.
Albertsons Sues Kroger After Judge Blocks $25 Billion Merger
A federal judge blocked the deal and sided with the Federal Trade Commission, which raised antitrust concerns over the merger.
Albertsons is now suing Kroger for billions. That won’t help it find another buyer, analysts say.
Grocery-store giant Albertsons Cos. said Wednesday that it is walking away from its merger with rival Kroger Co., a day after two judges blocked it.
3h
Albertsons gives up on Kroger merger, sues 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 ...
10h
Kroger's $24.6 billion purchase of Albertsons halted by federal judge
Merger would curtail competition for grocery shoppers, Oregon court finds in a decision that could derail the deal.
MLive
2h
Albertsons gives up on Kroger merger and sues the grocery chain for failing to secure deal
Under the merger agreement, Kroger and Albertsons — who compete in 22 states — agreed to sell 579 stores in places where ...
3h
What new legal drama between Kroger-Albertsons means to their South Sound-area stores
After failed merger, Albertsons sues its former prospective partner, and workers’ unions call for a reinvestment into stores.
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