Albertsons gave up on its proposed $24.6 billion sale to Kroger and sued its would-be merger partner. Wednesday’s lawsuit comes a day after a federal judge in Oregon and a state court judge in ...
The merger is officially off. Following two Dec. 10 court rulings to halt a proposed merger between grocery giants Kroger and Albertsons — one by a federal judge in Oregon and another by a state ...
Judges in Oregon and Washington separately blocked a $24.6 billion merger of Kroger and Albertsons on Tuesday. Both rulings found that if the two grocery chains were allowed to merge it would ...
An Oregon federal judge temporarily blocked Kroger’s proposed takeover of Albertsons Tuesday, siding with state and federal regulators who argued a $24.6 billion merger between the two ...
On Wednesday, the day after a federal judge in Oregon and a state judge in Washington blocked a merger between two ...
Shares of grocery retailer Albertsons rose Wednesday morning after the company reported better third-quarter earnings than ...
Albertsons executives laid out plans to cut about $1.5 billion in costs over the next three years, speaking on the grocery store operator's first earnings call in more than two years. Last month a [fe ...
The grocer has “got to accelerate our growth rates to compete with the very, very best in the industry,” CEO Vivek Sankaran ...
The $24.6-billion merger of Kroger and Albertsons supermarkets was designed to enrich corporate insiders at the expense of ...
She granted the order to block the merger until the ... is great news for grocery shoppers in Oregon who would have faced higher prices at Kroger and Albertsons if this ill-conceived consolidation ...