Kroger’s $25 billion proposed takeover of rival Albertsons ultimately failed because two judges – one federal and the other from the state of Washington – didn’t buy the competitive vision ...

Kroger’s KR proposed acquisition of Albertsons ACI was officially blocked this week after federal judges ruled that the merger would violate consumer protection laws and reduce competition.

Albertsons announced Wednesday it is pulling out of its plans to merge with Cincinnati-based Kroger, citing two court rulings on Tuesday barring the transaction. Also, it disclosed it's suing ...

Albertsons Companies Inc. ($ACI) is suing grocery store operator Kroger ($KR) after their $25 billion merger was terminated by the former, after having hit a ...

Kroger remains committed to merging with Albertsons, but the company is well-positioned for growth even if it doesn’t complete the transaction, Chairman and CEO Rodney McMullen said Thursday ...

Albertsons has sued Kroger, launching a new chapter in the supermarket wars after the two largest U.S. grocery chains failed to convince multiple courts that they should be allowed to merge to ...

Albertson's and Kroger will now face each other in court, following the failed merger between the two grocery chains. Albertson's has terminated its planned sale to Kroger, after a federal court ...

Grocery chain Albertsons called off its $25 billion merger with Kroger Wednesday, a day after a federal judge blocked the deal. The merger, announced in 2022, sought to combine the fifth and tenth ...

CHICAGO -- Kroger and Albertsons' plan for the largest U.S. supermarket merger in history crumbled Wednesday, with Albertsons pulling out of the $24.6 billion deal and the two companies accusing ...

Albertsons announced Wednesday it is pulling out of its plans to merge with Cincinnati-based Kroger, citing two court rulings on Tuesday barring the transaction. Also, it disclosed it's suing ...