Albertsons on Wednesday called off its $24.6 billion merger with Kroger, a day after a judge temporarily blocked the union, and sued the rival grocery chain for breach of contract. "Given the ...

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. ...

Kroger and Albertsons' plan for the ... structural options'' like laying off employees, closing stores and exiting certain markets if the merger with Kroger didn't go through.

lays off store clerks, a first for the 89-year-old chain According to Kroger, private equity firm Cerberus Capital Management, the biggest shareholder in Albertsons, was incentivized to push the ...

Kroger is denying Albertsons’ claims that it didn’t do enough to ensure regulatory approval of the companies’ planned supermarket merger. In court papers filed Tuesday in the Delaware Court ...

Supermarket chain Albertsons told a federal judge Monday that it might have to lay off workers, close stores and even exit some markets if its planned merger with Kroger isn't allowed to proceed.

As part of an attempt to successfully merge companies, Kroger-Albertsons is planning to sell off hundreds of stores across the U.S. — including 186 in Oregon and Washington — to C&S Wholesale ...

To hear Albertsons ... sell off stores in locations where the two chains competed head-to-head to appease the Federal Trade Commission and state regulators. Per the merger agreement, Kroger ...