Albertsons CEO Vivek Sankaran said in September that his company might consider “structural options” like laying off ...
Albertsons abandons its merger with Kroger after court rejections, suing Kroger for not securing regulatory approval for the ...
Albertsons and Kroger terminated their $25 billion merger plan on Wednesday after courts blocked the deal, with the former ...
Grocery-store giant Albertsons Cos. said Wednesday that it is walking away from its merger with rival Kroger Co., a day after ...
Under the merger agreement, Kroger and Albertsons — who compete in 22 states — agreed to sell 579 stores in places where ...
Albertsons said it had filed a lawsuit against Kroger, seeking a $600 million termination fee as well as billions of dollars ...
Albertsons terminated its $25 billion bid to merge with Kroger today after courts blocked the deal then sued Kroger, alleging a breach of contract that led to the deal’s demise.
Should the merger have proceeded, the Kroger-Albertsons conglomerate would have had 75% market share in 57 different city ...
Oregon U.S. District Judge Adrienne Nelson, an appointee of President Joe Biden, ruled in favor of the Federal Trade ...
Albertsons is accusing Kroger of sinking a proposed merger that would have formed a mega-chain of over 4,400 grocery stores.
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 ...
On Wednesday, the day after a federal judge in Oregon and a state judge in Washington blocked a merger between two supermarket giants, Albertsons canceled the $24.6 billion merger agreement ...