News

The two grocery store chains first proposed the $24.6B deal ... to block our proposed merger with Kroger, we have made the difficult decision to terminate the merger agreement," Albertsons CEO ...
Albertsons shares dipped 0.1% Wednesday afternoon, while Kroger shares jumped 1.4%. Albertsons said Kroger “willfully” breached their $25 billion merger agreement, which would have created the ...
A bipartisan group of nine attorneys general joined the FTC in asking the court to grant a preliminary injunction blocking the proposed acquisition. Kroger, Albertsons Defend Deal Amid Competition ...
The FTC brought its lawsuit against the grocery companies early this year, arguing the deal was anticompetitive and alleging Kroger and Albertsons executives acknowledged the competition between ...
Grocery chain Albertsons called off its $25 billion merger with Kroger Wednesday ... sued to block the merger, and the collapse of the deal is a victory for outgoing FTC chair Lina Khan.
Kroger and Albertsons' plan for ... appealed the rulings or proceeded to the in-house FTC hearings. Albertsons' decision to pull out of deal instead surprised some industry experts.
Here's how the merger could impact consumers and grocery costs, and why the feds are looking to block it. Allowing Kroger and Albertsons ... The FTC also claims the deal would make it harder ...
Albertsons on Wednesday ... State of Washington blocked the deal. “Given the recent federal and state court decisions to block our proposed merger with Kroger, we have made the difficult ...
Albertsons has filed a lawsuit against its rival Kroger following a failed multibillion dollar deal that would have ... and state court decisions to block our proposed merger with Kroger, we ...
Albertsons sued Kroger after a US judge blocked the merger of the supermarket giants, claiming Kroger failed to exercise “best efforts” and take “any and all actions” to secure regulatory ...