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 ...
After two judges blocked a $25 billion merger between grocery giants Kroger and Albertsons, Albertsons has called it off.
Blocked by courts, the largest grocery merger crumbles as Albertsons sues Kroger for $600M, marking a dramatic fallout for ...
Given the recent federal and state court decisions to block our proposed merger with Kroger, we have made the difficult decision to terminate the merger agreement. We are deeply disappointed in the ...
Albertsons said it is calling off its merger with Kroger and is suing the rival grocery chain for breach of contract.
The decision to pull out comes a day after judges overseeing two separate cases over the proposed grocery store merger ruled to halt the effort.
The decision to pull out comes a day after judges overseeing two separate cases over the proposed grocery store merger ruled to halt the effort.
Albertsons said it is calling off its merger with Kroger and is suing the rival grocery chain for breach of contract.
Merger would curtail competition for grocery shoppers, Oregon court finds in a decision that could derail the deal.
Under the merger agreement, Kroger and Albertsons — who compete in 22 states — agreed to sell 579 stores in places where ...
Judges in Oregon and Washington on Tuesday blocked supermarket giants Kroger and Albertsons from merging, throwing into ...