Under the merger agreement, Kroger and Albertsons — who compete in 22 states — agreed to sell 579 stores in places where their locations overlap to C&S Wholesale Grocers, a New Hampshire-based ...
U.S. stock indexes are climbing as inflation data boosts hopes for another Federal Reserve rate cut. The S&P 500 and Nasdaq ...
But the Federal Trade Commission (FTC) sued earlier this year, asking Nelson to block the $24.6 billion deal until an ...
On Wednesday, Albertsons filed a lawsuit against its former potential partner saying that Kroger didn’t make its “best ...
Albertsons terminated its $25 billion bid to merge with Kroger on Wednesday after courts blocked the deal and sued its rival, ...
The day after a federal judge in Oregon blocked a merger between two supermarket giants, Albertsons canceled the agreement ...
Albertsons is accusing Kroger of sinking a proposed merger that would have formed a mega-chain of over 4,400 grocery stores.
The Washington ruling marks the second major blow to Kroger and Albertsons’ plan to combine, coming shortly after Judge ...
A federal judge decided this week to halt the proposed $25 billion merger between Kroger and Albertsons, effectively ...
NEW YORK (AP) — Albertsons scraps merger with Kroger and accuses it of failing to overcome government objections to the deal. Copyright 2024 The Associated Press. All rights reserved. This material ...
Grocery chain Albertsons called off its $25 billion merger with Kroger, ending the largest proposed merger in US supermarket history.
Albertsons, Safeway’s parent company, announced it had terminated its $24.6 billion merger agreement with Kroger Wednesday ...