Albertsons gives up on Kroger merger and sues the grocery chain for failing to secure deal
Albertsons is giving up on its merger with Kroger a day after it was rejected in two courts and it is suing the grocery chain, saying it didn’t do enough to secure regulatory approval for the $24.6 billion agreement.
Proposed $24.6 billion merger of Kroger and Albertsons is halted by federal, state judges
Kroger and Albertsons in 2022 proposed what would be the largest grocery store merger in U.S. history. But the Federal Trade Commission sued earlier this year, asking Nelson to block the $24.6 billion deal until an in-house administrative judge at the FTC could consider the merger’s implications. Nelson agreed to pause the merger.
Oregon U.S. District Judge Adrienne Nelson, an appointee of President Joe Biden, ruled in favor of the Federal Trade ...
The merger between Albertsons and Kroger has been blocked in court, and Albertsons has sued, claiming Kroger didn't do enough ...
Albertsons announces the termination of its proposed merger with Kroger and files lawsuit against the grocery giant, alleging Kroger violated the contractual obligations of the merger agreement by ...
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