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Albertsons suing Kroger 'for billions,' cancels merger
Kroger-Albertsons merger blocked by federal and Washington state judges
Under a divestment plan, C&S Wholesale Grocers would acquire three stores in Port Orchard and a Safeway along Highway 303 in East Bremerton from the merged Kroger-Albertsons. C&S would also take over two stores in Gig Harbor and a QFC in Belfair.
Albertsons sues Kroger after Oregon, Washington judges block $24.6 billion merger
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 and sued Kroger.
Albertsons ends merger deal, accuses Kroger of ‘self-serving conduct’
Albertsons is suing Kroger for breach of contract and accusing it of failing to exercise its “best efforts” to get regulatory approval for the merger.
In These Times
21h
Grocery Giants Kroger and Albertsons Lose In Blocked Merger
A person shops the aisles of an
Albertsons
in L.A. in October 2022 ... King County Superior Court Judge Marshall Ferguson ...
1d
The great grocery merger is dead. Can Albertsons, QFC and others survive?
The collapse of the Kroger-Albertsons merger Wednesday was greeted in the Seattle area with sighs of relief and lots of ...
2d
on MSN
Kroger's $24.6 billion purchase of Albertsons halted by federal judge
Merger would curtail competition for grocery shoppers, Oregon court finds in a decision that could derail the deal.
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