A federal judge and a state judge overseeing two separate cases have halted the proposed merger of supermarket giants Kroger and Albertsons, claiming the deal would drive up prices for customers.
Albertsons’ lawsuit said the rival grocery company failed to exercise its best efforts to win regulatory approval for the $20 ...
Two separate rulings on Tuesday stopped the merger of supermarket giants Kroger and Albertsons in its tracks. The decisions ...
Grocery giant Albertsons called off its nearly $25 billion merger with Kroger after a federal judge temporarily blocked the union Tuesday in an effort to protect consumers from increasing costs.
In Alaska, Kroger owns 11 Fred Meyer stores, while Albertsons owns 24 Carrs or Safeway stores as well as the Crow Creek Mercantile in Girdwood. As part of the merger, the companies were prepared to ...
The federal government opposed the merger, with the U.S. Federal Trade Commission suing to block it. Had the deal gone through, the new company would have cemented its position, ensuring it has the ...
One day after an injunction was filed to block the mega merger between the two grocery giants, Albertsons accused Kroger of ...
November's inflation report showed a moderate 2.7% annual increase, which may give the Federal Reserve reason to continue ...
When CEO Rodney McMullen said Kroger would be fine without approval of its merger with Albertsons, I asked “But how does Albertsons feel about that?” ...
On Wednesday, the day after a federal judge in Oregon and a state judge in Washington blocked a merger between two ...
A federal judge blocked the deal and sided with the Federal Trade Commission, which raised antitrust concerns over the merger ...
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