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Albertsons abandons $25 billion merger with Kroger

Hosted on MSN · 4h

Column: Good riddance to the merger of grocers Albertsons and Kroger, which would have cost you money

The $24.6-billion merger of Kroger and Albertsons supermarkets was designed to enrich corporate insiders at the expense of consumers. It won't be missed.

grocerydive · 22h

Kroger and Albertsons look ahead after merger deal collapses

The grocers both signaled that they are in strong financial shape and said they would devote billions of dollars to repurchase shares from investors.

FoodBusinessNews · 2h

Kroger nixes deal to merge with Albertsons

CINCINNATI — The Kroger Co. has terminated its $24.6 billion agreement to acquire Albertsons Cos., announcing the move hours after its merger partner said it exited the deal.

Fresh Take: Albertsons Sues Kroger As Merger Falls Apart, And UFCW Calls For Kroger CEO To Resign

has even called for Kroger CEO Rodney McMullen to step down. That latest development is breaking this morning, after ...

3d

Kroger CEO McMullen gives Albertsons acquisition update, explains future plans

Kroger Co. CEO Rodney McMullen talked publicly Dec. 5 about where things stand on the supermarket giant’s planned $24.6 ...

Drug Store News1d

Kroger reiterates commitment to lower prices, raise wages after Albertsons calls off merger

Following on the heels of Albertsons terminating its merger agreement with Kroger, Kroger shared that it is reiterating its ...

1d

Kroger CEO expects further investment in store network

Kroger (KR) is moving forward from a position of strength. Our go-to-market strategy provides exceptional value and unique omnichannel ...

1d

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.

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