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, saying it didn't do enough to secure regulatory approval for the $24.6 billion agreement.
Albertsons is giving up on its merger with Kroger a day after it was rejected in two courts, and it is suing the grocery ...
Two federal court rulings this week blocked the proposed Kroger-Albertsons $25 billion supermarket megamerger, meaning the chains will continue to operate separately. Meanwhile, Albertsons has ...
Kroger is buying back billions of dollars in stock, putting to use some of the capital it was planning to use to buy ...
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