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.
Federal judge temporarily blocks Kroger-Albertsons merger
In a decision closely watched by Wall Street and organized labor alike, a federal judge in Portland has blocked Kroger Co.’s $24.6 billion acquisition of Albertsons Cos ., which would have been the largest grocery store merger in U.S. history.
Oregon U.S. District Judge Adrienne Nelson, an appointee of President Joe Biden, ruled in favor of the Federal Trade ...
The $25-billion deal to merge Albertsons and Kroger appears to be on ice after a ruling was made in federal court Tuesday.
U.S. District Court Judge Adrienne Nelson issued the ruling Tuesday after holding a three-week hearing in Portland, Oregon.
A federal judge has temporarily halted a proposed merger between supermarket giants Kroger and Albertsons, an action that ...
Albertsons, the parent company of two prominent supermarket chains in Massachusetts, is abandoning merger plans one day after ...
Kroger and Albertsons in 2022 proposed what would be the largest grocery store merger in U.S. history. But the Federal Trade ...
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