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Albertsons gives up on Kroger merger, sues grocery chain
Albertsons Sues Kroger After Judge Blocks $25 Billion Merger
A federal judge blocked the deal and sided with the Federal Trade Commission, which raised antitrust concerns over the merger.
Albertsons gives up on Kroger merger and sues the grocery chain for failing to secure deal
Albertsons is giving up on its merger with Kroger a day after it was rejected in two courts and it is suing the grocery chain, saying it didn’t do enough to secure regulatory approval for the $24.6 billion agreement.
Kroger's Deal to Acquire Albertsons Comes to a Halt: What's Next?
The Kroger Co.’s KR well-woven strategies have been reinforcing its position in the industry. We note that the company had entered into a deal to acquire Albertsons Companies ACI for $24.6 billion in October 2022.
3h
Parent company of Shaw's, Star Market gives up on blockbuster merger plan
Albertsons, the parent company of two prominent supermarket chains in Massachusetts, is abandoning merger plans one day after ...
2h
Albertsons gives up on Kroger merger, sues grocery chain for failing to secure deal
Albertsons is giving up on its merger with Kroger a day after it was rejected in two courts and it is suing the grocery chain ...
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