Albertsons and Kroger terminated their $25 billion merger plan on Wednesday after courts blocked the deal, with the former ...

Albertsons announced Wednesday it is pulling out of its plans to merge with Kroger, citing two court rulings on Tuesday ...

Under the merger agreement, Kroger and Albertsons — who compete in 22 states — agreed to sell 579 stores in places where ...

Albertsons said it had filed a lawsuit against Kroger, seeking a $600 million termination fee as well as billions of dollars ...

Albertsons terminated its $25 billion bid to merge with Kroger today after courts blocked the deal then sued Kroger, alleging a breach of contract that led to the deal’s demise.

Albertsons, in its announcement terminating the agreement, also said it had authorized a $2 billion stock buyback and hiked its quarterly cash dividend by 25%. The chain's biggest shareholder, ...

Albertsons, Safeway’s parent company, announced it had terminated its $24.6 billion merger agreement with Kroger Wednesday morning. The decision comes just one day after the U.S. District Court in ...

Albertsons is accusing Kroger of sinking a proposed merger that would have formed a mega-chain of over 4,400 grocery stores.

Albertsons CEO Vivek Sankaran said in September that his company might consider “structural options” like laying off ...