Kroger's $24.6 billion proposed acquisition of Albertsons was blocked by a federal judge on Tuesday, marking a win for the Federal Trade Commission that could ultimately sink the deal. US District ...

Albertsons sued Kroger after a US judge blocked the merger of the supermarket giants, claiming Kroger failed to exercise “best efforts” and take “any and all actions” to secure regulatory ...

Two federal court rulings this week blocked the proposed Kroger-Albertsons $25 billion supermarket megamerger, meaning the chains will continue to operate separately. Meanwhile, Albertsons has ...

One multi-billion merger partner bailed out after two court rulings went against the long-pending Kroger-Albertsons merger. Albertsons has gone from being a merger partner with Kroger to seeking ...

Albertsons announced Wednesday it is pulling out of its plans to merge with Cincinnati-based Kroger, citing two court rulings on Tuesday barring the transaction. Also, it disclosed it's suing ...

Grocery chain Albertsons called off its $25 billion merger with Kroger Wednesday, a day after a federal judge blocked the deal. The merger, announced in 2022, sought to combine the fifth and tenth ...

Now that Kroger (KR) has terminated the merger agreement, the company is ready to deploy its capacity. With its strengthened balance sheet, Kroger will resume share repurchases after a more than ...

The two grocery store chains first proposed the $24.6B deal in 2022. Albertsons has filed a lawsuit against its rival Kroger following a failed multibillion dollar deal that would have marked the ...

JPMorgan analyst Ken Goldman found the federal judge’s injunction on Kroger’s (KR) proposed buyout of Albertsons (ACI) to be “comprehensively in favor” of the Federal Trade Commission.

A federal judge on Tuesday temporarily blocked Kroger $24.6 billion acquisition of Albertsons, ruling that the proposed union would lessen competition for grocery shoppers. The preliminary ...

This increased foot traffic has allowed the retailers to collect valuable first-party customer data. By leveraging it, Kroger and Albertsons could attract major advertisers like Procter & Gamble ...

Albertsons announced Wednesday it is pulling out of its plans to merge with Cincinnati-based Kroger, citing two court rulings on Tuesday barring the transaction. Also, it disclosed it's suing ...