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Albertsons gives up on merger, sues Kroger
Albertsons gives up on Kroger merger and sues the grocery chain for failing to secure deal
Albertsons is giving up on its merger with Kroger a day after it was rejected in two courts and it is suing the grocery chain, saying it didn’t do enough to secure regulatory approval for the $24.6 billion agreement.
Alberstons sues Kroger over failed $24.6B merger, Kroger calls it 'baseless and without merit'
Alberstons Wednesday announced a lawsuit against Kroger claiming breach of contract and alleging a failure to exercise best efforts to secure regulatory approval of a failed $24.6B merger between the companies.
Judges block $25B Kroger-Albertsons merger
The proposed merger between the supermarket giants was stalled when judges overseeing two separate cases blocked the deal
2h
Oregon judge blocks Kroger purchase of Albertsons, citing threat to competition
Judge Adrienne Nelson sided with regulators who argued that the largest supermarket merger in U.S. history would hurt ...
4m
Parent company of Shaw's, Star Market gives up on blockbuster merger plan
Albertsons, the parent company of two prominent supermarket chains in Massachusetts, is abandoning merger plans one day after ...
2h
Albertsons gives up on Kroger merger, sues grocery chain for failing to secure deal
Albertsons is giving up on its merger with Kroger a day after it was rejected in two courts and it is suing the grocery chain ...
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