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Albertsons, Kroger merger scrapped
The great grocery merger is dead. Can Albertsons, QFC and others survive?
The collapse of the Kroger-Albertsons merger Wednesday was greeted in the Seattle area with sighs of relief and lots of questions about the future of local grocery stores
Estimate: Washingtonians would have spent an extra $800 million a year on groceries had Kroger-Albertsons merger been approved
Should the merger have proceeded, the Kroger-Albertsons conglomerate would have had 75% market share in 57 different city areas in Washington.
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.
21h
Albertsons sues Kroger after Oregon, Washington judges block $24.6 billion merger
The Capital Chronicle is running an end-of-year fundraising campaign, with a $10,000 goal, to help us continue our ...
19h
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 ...
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