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 ...
Rep. Susan Wild (Pa.), the top Democrat on the House Ethics Committee, was absent from the panel’s meeting last week after being traced as the source of leaks to the press regarding the investigation ...
The federal government opposed the merger, with the U.S. Federal Trade Commission suing to block it. Had the deal gone through, the new company would have cemented its position, ensuring it has the ...
Albertsons announced Wednesday that it is terminating its proposed $25 billion supermarket mega-merger with Kroger and will sue its now-former suitor following US court rulings blocking the deal.
Two US courts ruled against supermarket giant Kroger's planned $24.6 billion acquisition of rival chain Albertsons on Tuesday, dealing an existential threat to the merger in a win for the Federal ...