Grocery-store giant Albertsons Cos. said Wednesday that it is walking away from its merger with rival Kroger Co., a day after ...
Albertsons sued prospective partner Kroger on Wednesday, a day after a district judge blocked Kroger's $24.6 billion takeover ...
Albertsons and Kroger terminated their $25 billion merger plan on Wednesday after courts blocked the deal, with the former ...
Albertsons abandons its merger with Kroger after court rejections, suing Kroger for not securing regulatory approval for the ...
Albertsons said Kroger has failed to make best efforts to secure regulatory approval of the merger of the supermarket chains.
Under the merger agreement, Kroger and Albertsons — who compete in 22 states — agreed to sell 579 stores in places where ...
Albertsons CEO Vivek Sankaran said in September that his company might consider “structural options” like laying off ...
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.
Oregon U.S. District Judge Adrienne Nelson, an appointee of President Joe Biden, ruled in favor of the Federal Trade ...
Albertsons is accusing Kroger of sinking a proposed merger that would have formed a mega-chain of over 4,400 grocery stores.
Consumer companies rose after relatively benign inflation data.