Albertsons Says It Is Terminating Merger Agreement With Kroger
Kroger previously had agreed to pay Albertsons a $600 million breakup fee if the deal didn’t come to fruition.The termination comes the day after U.S. District Judge Adrienne Nelson sided with the Federal Trade Commission’s argument that Kroger would become the dominant player in the traditional grocery-store space if it added Albertsons’ nearly 2,