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Albertsons suing Kroger 'for billions,' cancels merger
Failure of Kroger-Albertsons Merger May Curb Grocers’ Advertising Ambitions
Kroger’s proposed merger with fellow grocery chain Albertsons ended in acrimony this week as a judge granted the Federal Trade Commissions’s request to block the deal on antitrust grounds. Albertsons then sued Kroger for allegedly not fulfilling its contractual obligations.
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 chain, saying it didn’t do enough to secure regulatory approval of the $24.6B agreement.
Albertsons suing Kroger 'for billions,' cancels merger after court rulings
Albertsons announced Wednesday it is pulling out of its plans to merge with Kroger, citing two court rulings on Tuesday barring the transaction.
1h
Kroger CEO responds to Albertsons merger, launches $7.5B share buyback
Kroger is buying back billions of dollars in stock, putting to use some of the capital it was planning to use to buy ...
8h
Busted Kroger-Albertsons merger means no Piggly Wiggly stores for New Mexico -- at least for now
Greg Frazier said he and other members of United Food and Commercial Workers Local 1564 were "feeling good" after the Kroger ...
15h
Albertsons gives up on Kroger merger and sues the grocery chain for failing to secure deal
By DEE-ANN DURBIN Albertsons is giving up on its merger with Kroger and it is suing the grocery chain, saying it didn’t do ...
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