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Albertsons suing Kroger 'for billions,' cancels merger
Albertsons demands billions from rival Kroger after terminating merger bid
Albertsons and Kroger terminated their $25 billion merger plan on Wednesday after courts blocked the deal, with the former suing its rival and alleging a breach of contract that led to the deal's demise.
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.
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.
2h
Blocked grocery mega-merger tips rolling M&A cart
Dealmakers are getting excited after two years of middling M&A. For one thing, they’re happily waving goodbye to a ...
7h
on MSN
The biggest supermarket merger in US history is dead
Albertsons is terminating its attempted merger with Kroger and suing the rival company a day after a federal judge blocked ...
10h
on MSN
The new Trump administration won't have the same anti-merger mindset: TD Securities' Aaron Glick
Aaron Glick, TD Securities merger specialist, joins 'Squawk Box' to discuss the state of the Kroger-Albertsons merger, the ...
12h
Malibu wildfire, supermarket merger & more: What’s trending today
A look at some of today's top trending headlines including the latest updates on the Malibu wildfire, Kroger-Albertsons ...
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