Kroger’s $25 billion proposed takeover of rival Albertsons ultimately failed because two judges – one federal and the other from the state of Washington – didn’t buy the competitive vision ...
Albertsons announced Wednesday it is pulling out of its plans to merge with Cincinnati-based Kroger, citing two court rulings on Tuesday barring the transaction. Also, it disclosed it's suing ...
Albertsons Companies Inc. ($ACI) is suing grocery store operator Kroger ($KR) after their $25 billion merger was terminated by the former, after having hit a ...
Grocery chain Albertsons called off its $25 billion blockbuster merger with Kroger Wednesday after a federal judge halted the deal.
For Kroger and Albertsons, the effort to join hands over the past two years has turned into a broken deal and a game of mutual blame overnight. The two firms will become rivals again, walking ...
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 ...
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 ...