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Albertsons gives up on merger, sues Kroger

Philadelphia Inquirer · 4h

Albertsons sues Kroger for failing to win approval of their proposed supermarket merger

Albertsons is giving up on its merger with Kroger a day after it was rejected in two courts and it is suing the chain, saying it didn’t do enough to secure regulatory approval of the $24.6B agreement.

USA TODAY on MSN · 18h

Albertsons suing Kroger 'for billions,' cancels merger after court rulings

Albertsons announced Wednesday it is pulling out of its plans to merge with Kroger, citing two court rulings on Tuesday barring the transaction.

The New York Times · 18h

Albertsons Backs Out of Merger Deal and Sues Kroger After Court Rulings

The supermarket chain had tried to join forces with Kroger, but judges sided with federal and state regulators who charged that the merger would reduce competition.

32mon MSN

Kroger Stock Rises on Resumed Buybacks After Collapse of Albertsons Merger

Key Takeaways Kroger shares rose Thursday morning after the retailer said it is abandoning the Albertsons merger and ...

2h

Kroger CEO moves on from Albertsons merger, launches $7.5B share buyback

Kroger is buying back billions of dollars in stock, putting to use some of the capital it was planning to use in a megadeal.

18h

Albertsons gives up on Kroger merger and sues the grocery chain for failing to secure deal

By DEE-ANN DURBIN Albertsons is giving up on its merger with Kroger and it is suing the grocery chain, saying it didn’t do ...

18h

What new legal drama between Kroger-Albertsons means to their South Sound-area stores

After failed merger, Albertsons sues its former prospective partner, and workers’ unions call for a reinvestment into stores.

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