Under the merger agreement, Kroger and Albertsons — who compete in 22 states — agreed to sell 579 stores in places where ...

Albertsons, in its announcement terminating the agreement, also said it had authorized a $2 billion stock buyback and hiked its quarterly cash dividend by 25%. The chain's biggest shareholder, ...

Albertsons is accusing Kroger of sinking a proposed merger that would have formed a mega-chain of over 4,400 grocery stores.

Oregon U.S. District Judge Adrienne Nelson, an appointee of President Joe Biden, ruled in favor of the Federal Trade ...

Kroger (NYSE:KR) on Wednesday announced a $7.5B stock buyback in the wake of its terminated merger with Albertsons (NYSE:ACI) ...

Albertsons CEO Vivek Sankaran said in September that his company might consider “structural options” like laying off ...

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 ...

T he biggest supermarket merger in American history is dead. In the space of just a few hours on December 10th, federal and ...

Wall Street is climbing after the latest update on inflation cleared the way for more help for the economy from the Federal ...

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 ...

The proposed merger between grocery giants Kroger and Albertsons, which would have been the largest supermarket merger in U.S ...