The $24.6-billion merger of Kroger and Albertsons supermarkets was designed to enrich corporate insiders at the expense of ...
The grocery store operators had said they’d be able to cut prices by combining, but regulators and courts disagreed. Now they ...
Albertsons announced Wednesday it is pulling out of its plans to merge with Kroger, citing two court rulings on Tuesday ...
Two federal court rulings blocked the $25 billion merger of the supermarket giants and Albertsons sued Kroger for its ...
Kroger’s $25 billion proposed takeover of rival Albertsons ultimately failed because two judges – one federal and the other ...
Under the merger agreement, Kroger and Albertsons — who compete in 22 states — agreed to sell 579 stores in places where ...
Grocery chain Albertsons called off its $25 billion blockbuster merger with Kroger Wednesday after a federal judge halted the ...
Thwarted by federal and state judges, Albertsons gave up on its proposed $24.6 billion sale to Kroger and sued its would-be ...
Albertsons is suing Kroger for breach of contract and accusing it of failing to exercise its “best efforts” to get regulatory ...
The supermarket chain had tried to join forces with Kroger, but judges sided with federal and state regulators who charged ...
Albertsons said Wednesday that it has terminated a $25 billion merger agreement with Kroger and will sue the grocery giant, ...
For the two grocery rivals, which had been on track to marry their numerous supermarket banners, the lawsuit amounts to a ...