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Albertsons suing Kroger 'for billions,' cancels merger
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.
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.
Kroger-Albertsons merger is off. What's that mean for Arizona shoppers?
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 sued
Kroger
, alleging the company held back on information that ...
Forbes
28m
Fresh Take: Albertsons Sues Kroger As Merger Falls Apart, And UFCW Calls For Kroger CEO To Resign
The grocery industry is reeling this week from the collapse of the proposed $25 billion merger of the nation’s second- and ...
21h
on MSN
Kroger’s stock hits new highs as Albertsons deal dies. It faces these questions ahead.
Free from the financial burdens of trying to buy rival Albertsons, shares of supermarket giant Kroger were sitting at new ...
Yahoo Finance
1d
Kroger and Albertsons’ alleged collusion in Colorado remains a focus for state’s AG
A pending ruling from a Colorado state court over the legality of
Kroger
and
Albertsons
’ plan to merge might no longer be ...
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