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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. ...
Cincinnati-based supermarket giant Kroger reported this month that its aborted takeover of Albertsons cost the company more than $1 billion.
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.
The collapsed $25 billion merger between Kroger and Albertsons, two of the largest supermarket chains in the United States, has taken a dramatic turn with lawsuits now replacing boardroom negotiations ...
Fans reacted to the peaks and valleys of a nail biting OT win versus the Los Angeles Clippers in the opening game of the series. Volunteers from across the Denver metro area joined city officials ...