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Albertsons, Kroger merger scrapped
Albertsons gives up on Kroger merger and sues the grocery chain for failing to secure deal
Albertsons is giving up on its merger with Kroger and it is suing the grocery chain, saying it didn’t do enough to secure regulatory approval for the $24.6 billion agreement.
Albertsons sues Kroger after judge rules against grocery merger
Albertsons filed a lawsuit against Kroger, saying it violated its contract and didn't follow through on commitments to help get the deal approved.
Albertsons Backs Out of Merger Deal and Sues Kroger After Court Rulings
The supermarket chain had tried to join forces with Kroger, but judges sided with federal and state regulators who charged that the merger would reduce competition.
43m
Albertsons, Kroger merger scrapped after courts halt the 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 ...
3h
Why The Kroger-Albertsons Merger Was Blocked
In an historic ruling for labor and antitrust advocates, a federal judge blocked the $25 billion merger of grocery giants ...
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