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 ...
Albertsons on Wednesday called off its $24.6 billion merger with Kroger, a day after a judge temporarily blocked the union, and sued the rival grocery chain for breach of contract. "Given the ...
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 ...
Albertsons, a grocery company that owns chains around the country, including New England-based brands Shaw's and Star Market, announced Wednesday that it is pulling out of plans to merge with Kroger.
Antitrust enforcers have successfully blocked the merger of Kroger KR-0.46%decrease; red down pointing triangle and Albertsons ACI-1.92%decrease; red down pointing triangle, a deal that would have ...
The largest proposed merger in US supermarket history has collapsed. Grocery chain Albertsons called off its $25 billion merger with Kroger Wednesday, a day after a federal judge blocked the deal.
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Kroger and Albertsons' plan for the largest U.S. supermarket merger in history crumbled Wednesday, with Albertsons pulling out of the $24.6 billion deal and the two companies accusing each other ...
Albertsons is giving up on its merger with Kroger and it is suing the grocery chain, saying it didn’t do enough to secure regulatory approval for the $24.6 billion agreement. Kroger and ...
Kroger had agreed to pay Albertsons a $600 million termination fee if the merger didn’t go through. Now, Albertsons says it is entitled to that fee and much more. “Albertsons’ shareholders have been ...