Kroger had argued that the merger would benefit consumers, workers and communities, with the promise of $1 billion in price reductions at former Albertsons (NYSE: ACI) stores and an equal amount ...
Now that Boise-based Albertsons has ended a grocery merger attempt with Cincinnati-based Kroger and filed a lawsuit against its former proposed partner, what happens to the stores? For now the ...
as was required of Kroger under the terms of the merger agreement," Albertsons said, adding its former suitor "repeatedly refusing to divest assets necessary for antitrust approval, ignoring ...
who is also the former director of the Federal Trade Commission's (FTC) Bureau of Competition, says. "Kroger and Albertsons are each other's closest competitors in many markets all across the ...
Albertsons announced Wednesday that it is terminating its proposed $25 billion supermarket mega-merger with Kroger and will sue its now-former suitor following US court rulings blocking the deal ...
(Reuters) -Albertsons and Kroger terminated their $25 billion merger plan on Wednesday after courts blocked the deal, with the former suing its rival and alleging a breach of contract that led to ...
as was required of Kroger under the terms of the merger agreement," Albertsons said, adding its former suitor "repeatedly refusing to divest assets necessary for antitrust approval, ignoring ...
Albertsons announced it is pulling out of its plans to merge with Kroger, citing two court rulings barring the transaction.