Proposed $24.6 billion merger of Kroger and Albertsons is halted by federal, state judges
Kroger and Albertsons in 2022 proposed what would be the largest grocery store merger in U.S. history. But the Federal Trade Commission sued earlier this year, asking Nelson to block the $24.6 billion deal until an in-house administrative judge at the FTC could consider the merger’s implications.
Meet the Pacific Northwest Judges Who Rejected the Kroger-Albertsons Supermarket Merger
Oregon U.S. District Judge Adrienne Nelson, an appointee of President Joe Biden, ruled in favor of the Federal Trade Commission and against the large grocery chains. Nelson's decision, along with one from Washington state court Judge Marshall Ferguson,
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 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.
Albertsons terminates merger with Kroger after judge rulings in Washington and Oregon
A proposed $24.6 billion merger between grocery giants Albertsons and Kroger is officially off. Here's why and how Pueblo would have been impacted.
Albertsons Sues Kroger After Judge Blocks $25 Billion Merger
A federal judge blocked the deal and sided with the Federal Trade Commission, which raised antitrust concerns over the merger.
Proposed merger of grocery giants Kroger and Albertsons is halted by federal, state judges
But the Federal Trade Commission (FTC) sued earlier this year, asking Nelson to block the $24.6 billion deal until an in-house administrative judge at the FTC could consider the merger. Attorneys general from Nevada, Arizona, California, Illinois, Maryland, New Mexico, Oregon, Wyoming and the District of Columbia joined the FTC's lawsuit.
Albertsons Puts End To Merger Deal, Sues Kroger Following Court Ruling: 'We Believe Strongly In The Merits Of Our Case'
Albertsons announces the termination of its proposed merger with Kroger and files lawsuit against the grocery giant, alleging Kroger violated the contractual obligations of the merger agreement by failing to do all it could to secure regulatory approval.
Albertsons sues Kroger for failing to win approval of their proposed supermarket merger
Albertsons said it had filed a lawsuit against Kroger, seeking a $600 million termination fee as well as billions of dollars in legal fees and lost shareholder value. Kroger said the claims were "baseless" and that Albertsons was not entitled to the fee.
Albertsons sues Kroger, breaks off proposed merger
Thwarted by federal and state judges, Albertsons gave up on its proposed $24.6 billion sale to Kroger and sued its would-be merger partner.
Albertsons suing Kroger 'for billions,' cancels merger after court rulings
Albertsons announced Wednesday it is pulling out of its plans to merge with Kroger, citing two court rulings on Tuesday barring the transaction.
Parent company of Shaw's, Star Market gives up on blockbuster merger plan
Albertsons, the parent company of two prominent supermarket chains in Massachusetts, is abandoning merger plans one day after ...
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 ...