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 ...
The supermarket chain had tried to join forces with Kroger, but judges sided with federal and state regulators who charged ...
After two court rulings blocking Kroger’s $24 billion acquisition of rival Albertsons, the two grocers said they are ...
The decision to pull out comes a day after judges overseeing two separate cases over the proposed grocery store merger ruled ...
Albertsons said that Kroger failed to exercise “best efforts” and to take “any and all actions” to secure regulatory approval ...
U.S. District Court Judge Adrienne Nelson issued the ruling Tuesday after holding a three-week hearing in Portland, Oregon.
The proposed $24.6 billion merger between supermarket giants Kroger and Albertsons floundered on Tuesday after judges overseeing two separate cases both halted the deal ...
Albertsons is suing Kroger, saying it didn't do enough to secure approval for the $24.6 billion merger agreement.
Grocery chain Albertsons called off its $25 billion blockbuster merger with Kroger Wednesday after a federal judge halted the ...
A federal judge has ruled against Kroger’s $25 billion takeover bid for Albertsons, granting a preliminary injunction that blocks the deal.
PHOENIX (AZFamily) — An agreement that would allowed for the largest grocery store merger in U.S. history has been terminated. Albertsons Companies announced on Wednesday that it has terminated the ...
A federal judge has temporarily halted a proposed merger between supermarket giants Kroger and Albertsons, an action that could scuttle the deal.