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Albertsons terminates merger with Kroger after judge rulings in Washington and Oregon
The merger is officially off. Following two Dec. 10 court rulings to halt a proposed merger between grocery giants Kroger and ...
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 ...
Wall Street gets back to climbing, and the Nasdaq tops 20,000
Wall Street got back to climbing after the latest update on inflation appeared to clear the way for more help for the economy from the Federal Reserve ...
Honolulu Star-Advertiser24m
Albertsons sues Kroger for billions after merger bid ends
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.
MLive33m
Albertsons gives up on Kroger merger and sues the grocery chain for failing to secure deal
Under the merger agreement, Kroger and Albertsons — who compete in 22 states — agreed to sell 579 stores in places where ...
Albertsons is now suing Kroger for billions. That won’t help it find another buyer, analysts say.
Grocery-store giant Albertsons Cos. said Wednesday that it is walking away from its merger with rival Kroger Co., a day after ...
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 ...
Albertsons sues Mariano's owner Kroger for failing to win approval of their proposed merger
Albertsons CEO Vivek Sankaran said in September that his company might consider “structural options” like laying off ...
Sky-Hi News53m
Safeway owner terminates $25 billion merger with City Market parent company, announces lawsuit against Kroger
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 ...
5 Things to Expect From New FTC Chair Andrew Ferguson, Based on His Pitch to Trump
A document that Andrew Ferguson, Trump's pick for FTC Chair, reportedly sent as his pitch for the job says he would end the "war on mergers." ...
The Economist1h
Why judges were wrong to block the Kroger-Albertsons merger
T he biggest supermarket merger in American history is dead. In the space of just a few hours on December 10th, federal and ...