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 ...
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 ...
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 ...
CINCINNATI ( Cincinnati Business Courier) - Albertsons Cos. Inc. has levied additional accusations against Kroger Co. in a ...
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.
This week, Albertsons Cos. filed a pointed rebuttal to Kroger’s counterclaims, rejecting accusations that it secretly worked with C&;S Wholesale Grocers to pursue its own divestiture strategy, and ...
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 ...
The FTC filed the antitrust lawsuit because regulators believe the deal would “eliminate fierce competition between Kroger and Albertsons, leading to higher prices for groceries and other ...
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 ...