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 ...
Albertsons said that Kroger failed to exercise “best efforts” and to take “any and all actions” to secure regulatory approval ...
Albertsons also sued Kroger for breach of its contract agreement. Kroger did not immediately comment on the suit. The merger, ...
Albertsons on Wednesday announced the decision to call a halt to the $25bn deal, which had been dogged by competition concerns. On Tuesday US district judge Adrienne Nelson in Oregon imposed a ...
U.S. District Court Judge Adrienne Nelson issued the ruling Tuesday after holding a three-week hearing in Portland, Oregon.
An agreement that would allowed for the largest grocery store merger in U.S. history has been terminated.Albertsons Companies ...