In an historic ruling for labor and antitrust advocates, a federal judge blocked the $25 billion merger of grocery giants Kroger and Albertsons.
Albertsons announced it is pulling out of its plans to merge with Kroger, citing two court rulings barring the transaction.
The failure of the Kroger-Albertsons merger exposed serious problems at QFC, a leader in Seattle's grocery industry before it ...
Kroger shares rose Thursday morning after the grocery chain laid out its plans for the future now that its proposed merger ...
Albertsons on Wednesday formally terminated its proposed $25 billion merger with Kroger and filed a lawsuit against its ...
Antitrust experts say a few core issues prompted the judges to say no the merger, ultimately dooming the deal.
Albertsons announced on Dec. 11, 2024, that it had called off an attempted merger with Kroger and would sue Kroger for breach ...
Two federal judges in Oregon and Washington blocked the merger ... after the failed deal, the Boise, Idaho-based retailer also announced it had taken legal action against Kroger. The Albertsons ...
Albertsons said Wednesday that it is terminating its $25 billion merger agreement with ... grocery prices up even higher after a period of elevated inflation. Kroger and Albertsons own dozens ...
Albertsons sued Kroger after a US judge blocked the merger of the supermarket giants, claiming Kroger failed to exercise “best efforts” and take “any and all actions” to secure regulatory ...
On Wednesday, Albertsons blamed Kroger for not trying harder to appease wary regulators and therefore breaching its merger agreement to act in good faith. It also wanted the $600 million "break ...
On Wednesday, Albertsons blamed Kroger for not trying harder to appease wary regulators and therefore breaching its merger agreement to act in good faith. It also wanted the $600 million "break ...