Albertsons sues Kroger after Oregon, Washington judges block $24.6 billion merger
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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 of the $24.6 billion agreement.
Federal and Washington state judges block Kroger-Albertsons merger
Under a divestment plan, C&S Wholesale Grocers would acquire three stores in Port Orchard and a Safeway along Highway 303 in East Bremerton from the merged Kroger-Albertsons. C&S would also take over two stores in Gig Harbor and a QFC in Belfair.
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 ...
The grocery giant abandoned a planned merger with Kroger in the face of legal challenges at state and federal levels.
Judges overseeing two separate cases to block the $24.6 billion merger of Kroger and Albertsons put a halt to it on Dec. 10.
Albertsons is based in Boise and owns a separate group of 2,200 stores, including Safeway, Vons, Tom Thumb and Kings Food ...
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