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Kroger announced Monday that the company has settled a lawsuit stemming from the failed merger with the grocery company Albertsons.
Kroger Co. agreed Aug. 11 to settle a lawsuit against it filed by another grocery store operator as part of the failed $24.6 billion deal to acquire Albertsons Cos. Inc.
Kroger announced it has settled litigation with C&S Wholesale Grocers, which sued in the wake of the failed $25 billion merger with Albertsons.
Cencora (NYSE:COR) directors have agreed to pay more than $111M in cash to resolve claims by pension funds that they failed to take adequate measures to prevent the company’s involvement in the ...
Kroger announced Monday that the company has settled a lawsuit stemming from the failed merger with the grocery company Albertsons.
The legal dispute centered on C&S's claim that Kroger refused to pay a $125 million termination fee after a federal judge blocked the merger in December 2024.
Kroger settled a lawsuit with C&S Wholesale Grocers over the failed Albertsons merger. Separate litigation continues with Albertsons, which is suing Kroger for a $600 million breakup fee.