News

Albertsons announced Wednesday it is pulling out of its plans to merge with Cincinnati-based Kroger, citing two court rulings on Tuesday barring the transaction.. Also, it disclosed it's suing ...
The largest proposed merger in US supermarket history has collapsed. Grocery chain Albertsons called off its $25 billion merger with Kroger Wednesday, a day after a federal judge blocked the deal ...
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.
Kroger and Albertsons’ plan for the largest U.S. supermarket merger in history crumbled Wednesday, with Albertsons pulling out of the $24.6 billion deal and the two companies accusing each other ...
Albertsons also said it is seeking the $600 million termination fee that Kroger agreed to pay in the event either company called off the merger.
Kroger on Tuesday filed a countersuit in its dispute with Albertsons over a failed $25 billion merger between the two grocery behemoths.. The merger was blocked late last year by federal and state ...
Albertsons and Kroger terminated their $25 billion merger plan on Wednesday after courts blocked the deal, with the former suing its rival and alleging a breach of contract that led to the deal's ...
Kroger has filed a response denying Albertsons lawsuit claims in the latest development from the fallout of a failed merger deal between the two. In December, Albertsons called off the deal and ...
The largest proposed merger in US supermarket history has collapsed. Grocery chain Albertsons called off its $25 billion merger with Kroger Wednesday, a day after a federal judge blocked the deal ...
New York (CNN) — The largest proposed merger in US supermarket history has collapsed. Grocery chain Albertsons called off its $25 billion merger with Kroger Wednesday, a day after a federal ...