Antitrust experts say a few core issues prompted the judges to say no the merger, ultimately dooming the deal.
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 ...
Kroger shares rose Thursday morning after the grocery chain laid out its plans for the future now that its proposed merger ...
After two severe strikes against their proposed $25 billion merger, Albertsons has ... is now coming into focus preserves the status quo – Kroger and Albertsons continue on as competitors ...
The FTC successfully argued that the merger would raise prices by eliminating competition and weaken union bargaining power. Kroger and Albertsons countered that they needed to merge to compete ...
Meanwhile, Albertsons has sued Kroger, alleging the company held back on information that could have bolstered the argument for a merger. With the weekly grocery ads released Wednesday ...
Albertsons said Wednesday it is officially ending its merger agreement with Kroger, pulling the plug on what would have been the largest supermarket acquisition in U.S. history. Albertsons is also ...
The failure of the Kroger-Albertsons merger exposed serious problems at QFC, a leader in Seattle's grocery industry before it ...
Thwarted by federal and state judges, Albertsons gave up on its proposed $24.6 billion sale to Kroger and sued its would-be merger partner. Wednesday’s lawsuit comes a day after a federal judge ...
Albertsons announced it is pulling out of its plans to merge with Kroger, citing two court rulings barring the transaction.
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 ...