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Albertsons gives up on merger, sues Kroger

Hosted on MSN · 1h

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 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, saying it didn't do enough to secure regulatory approval for the $24.6 billion agreement.

The New York Times · 2h

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.

2h

Colorado awaits decision in Kroger-Albertsons case after rulings block merger in other states

Colorado still awaits a ruling from a Denver judge in a case brought by Attorney General Phil Weiser that opposes a merger of ...

7hon 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 ...

10hon 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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