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.
On Wednesday, the day after a federal judge in Oregon and a state judge in Washington blocked a merger between two supermarket giants, Albertsons canceled the $24.6 billion merger agreement ...
Albertsons, Safeway’s parent company, announced it had terminated its $24.6 billion merger agreement with Kroger Wednesday morning. The decision comes just one day after the U.S. District Court in ...