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 ...
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 ...
Antitrust experts say a few core issues prompted the judges to say no the merger, ultimately dooming the deal.
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 ...
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 ...
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 ...
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 ...
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 ...
From the start, Cincinnati-based Kroger and Boise, Idaho-based Albertsons said the merger was necessary to stay efficient and competitive in a grocery industry increasingly dominated by ...
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 ...