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Albertsons gives up on merger, sues Kroger
Albertsons demands billions from rival Kroger after terminating merger bid
Albertsons and Kroger terminated their $25 billion merger plan on Wednesday after courts blocked the deal, with the former suing its rival and alleging a breach of contract that led to the deal's demise.
Why The Kroger-Albertsons Merger Was Blocked
In an historic ruling for labor and antitrust advocates, a federal judge blocked the $25 billion merger of grocery giants Kroger and Albertsons.
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.
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South Korea to safeguard competition after Korean Air, Asiana merger
South Korea will support smaller airlines and monitor market competitiveness after dominant carrier Korean Air completed a $1 ...
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19h
Albertsons gives up on Kroger merger, sues the grocery chain for failing to secure deal
Albertsons is now saying that Kroger didn’t do enough to secure regulatory approval for the $24.6 billion merger deal.
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