Albertsons’ breach-of-contract claims, filed in a Delaware chancery court Dec. 11, allege Cincinnati-based Kroger “put itself ...
Antitrust experts say a few core issues prompted the judges to say no the merger, ultimately dooming the deal.
Two federal court rulings blocked the $25 billion merger of the supermarket giants and Albertsons sued Kroger for its ...
Grocery chain Albertsons called off its $25 billion blockbuster merger with Kroger Wednesday after a federal judge halted the ...
Under the merger agreement, Kroger and Albertsons — who compete in 22 states — agreed to sell 579 stores in places where ...
Forbes' latest edition of its Fresh Take newsletter features the details of how a deal between Kroger and Albertsons fizzled, ...
Thwarted by federal and state judges, Albertsons gave up on its proposed $24.6 billion sale to Kroger and sued its would-be ...
Albertsons said Wednesday that it has terminated a $25 billion merger agreement with Kroger and will sue the grocery giant, ...
Albertsons is suing Kroger for breach of contract and accusing it of failing to exercise its “best efforts” to get regulatory ...
The supermarket chain had tried to join forces with Kroger, but judges sided with federal and state regulators who charged ...
The grocery store operators had said they’d be able to cut prices by combining, but regulators and courts disagreed. Now they ...
Kroger is buying back billions of dollars in stock, putting to use some of the capital it was planning to use in a megadeal.