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Albertsons, Kroger merger scrapped
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.
The Kroger-Albertsons Merger Is Off. Where the Stocks Might Go From Here.
Albertsons said Kroger has failed to make best efforts to secure regulatory approval of the merger of the supermarket chains.
Albertsons quits merger and files suit while Kroger calls claims ‘baseless’
Kroger is accused of wilful contractual breaches and of failing to uphold its obligation of good faith and fair dealing.
Seattle Times
8h
The great grocery merger is dead. Can Albertsons, QFC and others survive?
In Seattle and across the state, the dramatic collapse of the Kroger-
Albertsons
merger early Wednesday morning was greeted ...
10h
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 ...
Marketplace
22h
Albertsons gives up on Kroger merger, sues the grocery chain for failing to secure deal
Albertsons is now saying that Kroger didn’t do enough to secure regulatory approval for the $24.6 billion merger deal.
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