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Albertsons Backs Out of Merger Deal and Sues Kroger

CNN on MSN · 7m

Albertsons calls off merger and sues Kroger

Grocery chain Albertsons called off its $25 billion merger with Kroger, ending the largest proposed merger in US supermarket history. “We have made the difficult decision to terminate the merger agreement,

Albertsons gives up on $24.6 billion Kroger merger and instead sues the chain for not doing enough to get deal approved

The move came the day after two judges halted the merger in separate court cases.

The Washington Post · 1h

Albertsons ends merger deal, accuses Kroger of ‘self-serving conduct’

Albertsons is suing Kroger for breach of contract and accusing it of failing to exercise its “best efforts” to get regulatory approval for the merger.

18m

Spreads on Kroger's most active bonds tighten 2 to 5 basis points as Albertsons deal falls apart

Spreads on Kroger Inc.'s most active bonds tightened by 2 to 5 basis points on Wednesday, after Albertsons threw in the towel ...

3h

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 ...

3h

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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