A federal judge blocked the deal and sided with the Federal Trade Commission, which raised antitrust concerns over the merger ...
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 ...
The move came the day after two judges halted the merger in separate court cases.
Under the merger agreement, Kroger and Albertsons — who compete in 22 states — agreed to sell 579 stores in places where ...
Albertsons is suing Kroger for breach of contract and accusing it of failing to exercise its “best efforts” to get regulatory ...
Thwarted by federal and state judges, Albertsons gave up on its proposed $24.6 billion sale to Kroger and sued its would-be ...
Albertsons said it is calling off its merger with Kroger and is suing the rival grocery chain for breach of contract.
The supermarket chain had tried to join forces with Kroger, but judges sided with federal and state regulators who charged ...
For the two grocery rivals, which had been on track to marry their numerous supermarket banners, the lawsuit amounts to a ...
Albertsons announced Wednesday it is pulling out of its plans to merge with Kroger, citing two court rulings on Tuesday ...
A day after a federal judge delivered a serious blow to the merger, Albertsons announced Wednesday it was giving up on the ...
The Boise-based supermarket chain said Kroger failed to exercise “best efforts” to secure regulatory approval of the merger.