Albertsons and Kroger terminated their $25 billion merger plan on Wednesday after courts blocked the deal, with the former ...
Should the merger have proceeded, the Kroger-Albertsons conglomerate would have had 75% market share in 57 different city ...
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.
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 CEO Vivek Sankaran said in September that his company might consider “structural options” like laying off ...
T he biggest supermarket merger in American history is dead. In the space of just a few hours on December 10th, federal and ...
The proposed merger between grocery giants Kroger and Albertsons, which would have been the largest supermarket merger in U.S ...
Colorado still awaits a ruling from a Denver judge in a case brought by Attorney General Phil Weiser that opposes a merger of ...
A federal judge halted the merger between Kroger and Albertson's, which owns Shaw's and Star Markets. The two companies ...
Wall Street got back to climbing after the latest update on inflation appeared to clear the way for more help for the economy from the Federal Reserve. The S&P 500 gained 0.8% Wednesday to break a two ...