Albertsons gives up on Kroger merger, sues grocery chain for failing to secure deal
Albertsons is giving up on its merger with Kroger a day after it was rejected in two courts and it is suing the grocery chain, saying it didn't do enough to secure regulatory approval for the $24.6 billion agreement.
Key Takeaways Kroger shares rose Thursday morning after the retailer said it is abandoning the Albertsons merger and ...
Albertson's and Kroger will now face each other in court, following the failed merger between the two grocery chains.
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The Federal Trade Commission in a new lawsuit accuses the largest U.S. distributor of wine and spirits of illegal price ...
Kroger is accused of wilful contractual breaches and of failing to uphold its obligation of good faith and fair dealing.
The Kroger Co. ( NYSE:KR) just reported healthy earnings but the stock price didn't move much. We think that investors have ...
Under the merger agreement, Kroger and Albertsons — who compete in 22 states — agreed to sell 579 stores in places where ...
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