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Albertsons, Kroger merger scrapped
King County judge to rule on Kroger/Albertsons merger
KING COUNTY, Wash. — On Tuesday we could see one of the roadblocks removed in the Kroger and Albertsons merger. A judge is expected to rule on an anti-trust lawsuit looking to stop the deal. The multi-billion dollar merger plan would create one of the largest grocery forces in the country.
Albertsons terminates Kroger merger plan and sues company after federal court rulings block deal
After the court rulings, Albertsons said on 11 December it is terminating the USD 26.5 billion (EUR 25.3 billion) merger with Kroger, and the company has filed a lawsuit against Kroger for “willful breach of contract and breach of the covenant of good faith and fair dealing.”
Albertsons drops $25 billion merger deal, sues Kroger after courts raise antitrust concerns
The day before the lawsuit, two judges put the brakes on the multibillion-dollar deal until regulators examined its antitrust implications.
4h
Will the failed Kroger-Albertsons merger keep a lid on grocery prices in D-FW?
While there’s a lot of moving parts in the D-FW market, the collapse of the closely watched tie-up between Kroger and ...
Steamboat Pilot & Today
2h
Safeway owner terminates $25 billion merger with City Market parent company, announces lawsuit against Kroger
Albertsons, Safeway’s parent company, announced it had terminated its $24.6 billion merger agreement with Kroger Wednesday morning. The decision comes just one day after the U.S. District Court in ...
7h
What new legal drama between Kroger-Albertsons means to their South Sound-area stores
After failed merger, Albertsons sues its former prospective partner, and workers’ unions call for a reinvestment into stores.
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