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CINCINNATI ( Cincinnati Business Courier) - Albertsons Cos. Inc. has levied additional accusations against Kroger Co. in a ...
Albertsons’ response to Kroger’s counterclaims comes after the grocer sued Kroger for allegedly breaching the merger contract ...
Albertsons responded to the ruling by immediately ending the merger agreement and filing a lawsuit against Kroger in the Delaware Court of Chancery for “willful breach of contract and breach of ...
Albertsons canceled its proposed $24.6 billion merger with Kroger after courts blocked the deal announced two years ago. Albertsons also filed a breach-of-contract lawsuit against Kroger Wednesday ...
Albertsons announced Wednesday that it has given up its merger with Kroger and has filed a lawsuit against the grocery chain. This comes a day after the proposed merger between the supermarket ...
Investors largely took news of the merger’s end in stride: Kroger’s stock price was up 1.7 percent by midmorning, while Albertsons’ was down just 0.3 percent. The lawsuit comes less than 24 ...
BOISE, IDAHO — Albertsons Cos. has exited its $24.6 billion merger transaction with The Kroger Co. and filed a lawsuit claiming that Kroger breached the merger agreement, less than a day after a ...
Albertsons in a lawsuit claims Kroger got cold feet and acted in its own interests rather than pursuing completion of the company's $24.6 billion merger deal. Kroger-Albertsons merger decision ...
Kroger has filed a response denying Albertsons lawsuit claims in the latest development from the fallout of a failed merger deal between the two. In December, Albertsons called off the deal and ...
In its lawsuit, Albertsons claimed Kroger mishandled its approach to securing regulatory approval for its 2022 agreement to buy Albertsons in an attempt to derail the merger. The original terms ...
The lawsuit is the latest in the fallout since Albertsons called off the merger: the Boise, Idaho-based retailer announced it was also suing Kroger the same day it pulled out of the deal for ...