Antitrust experts say a few core issues prompted the judges to say no the merger, ultimately dooming the deal.
The Albertsons logo is displayed at an Albertsons supermarket on August 26, 2024 in Los Angeles, California. Mario Tama/Getty Images "Kroger willfully breached the Merger Agreement in several key ...
The grocery store operators had said they’d be able to cut prices by combining, but regulators and courts disagreed. Now they ...
But the FTC could look very different under President-elect Donald Trump. What does that mean for the Kroger-Albertsons merger going forward?
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 ...
By Ananya Mariam Rajesh (Reuters) -Albertsons executives focused on moving on from its scuttled merger with Kroger on ...
The grocer has “got to accelerate our growth rates to compete with the very, very best in the industry,” CEO Vivek Sankaran ...
Shares of grocery retailer Albertsons (ACI) rose Wednesday morning after the company reported better third-quarter earnings ...
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 ...
Albertsons is giving up on its merger with Kroger and it is suing the grocery chain, saying it didn’t do enough to secure regulatory approval for the $24.6 billion agreement. Kroger and ...
Albertsons Cos. raised its adjusted earnings outlook for the full year, a positive sign for the grocer seeking to pave a new ...
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 ...