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, saying it didn't do enough to secure regulatory approval for the $24.6 billion agreement.
After failed merger, Albertsons sues its former prospective partner, and workers’ unions call for a reinvestment into stores.
Spreads on Kroger Inc.'s most active bonds tightened by 2 to 5 basis points on Wednesday, after Albertsons threw in the towel ...
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