Albertsons and Kroger terminated their $25 billion merger plan on Wednesday after courts blocked the deal, with the former ...
Albertsons announced Wednesday it is pulling out of its plans to merge with Kroger, citing two court rulings on Tuesday ...
Albertsons CEO Vivek Sankaran said in September that his company might consider “structural options” like laying off ...
Albertsons said it had filed a lawsuit against Kroger, seeking a $600 million termination fee as well as billions of dollars ...
Under the merger agreement, Kroger and Albertsons — who compete in 22 states — agreed to sell 579 stores in places where ...
Oregon U.S. District Judge Adrienne Nelson, an appointee of President Joe Biden, ruled in favor of the Federal Trade ...
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.
Albertsons is accusing Kroger of sinking a proposed merger that would have formed a mega-chain of over 4,400 grocery stores.
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 ...