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Albertsons terminates merger with Kroger

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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. The move came the day after two judges halted the merger in separate court cases.

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 Kroger and Albertsons.

Albertsons gives up on $24.6 billion Kroger merger and instead sues the chain for not doing enough to get deal approved

The move came the day after two judges halted the merger in separate court cases.

5h

Kroger's $24.6 billion purchase of Albertsons halted by federal judge

Merger would curtail competition for grocery shoppers, Oregon court finds in a decision that could derail the deal.

1h

Spreads on Kroger's most active bonds tighten 2 to 5 basis points as Albertsons deal falls apart

Spreads on Kroger Inc.'s most active bonds tightened by 2 to 5 basis points on Wednesday, after Albertsons threw in the towel ...

4h

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 ...

1h

Jewel-Osco's parent company terminates merger with Kroger, sues them

The parent company behind Jewel-Osco, Albertsons, pulled out of their merger with Kroger and also sued them.

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