The company told state officials yesterday that it plans to close ... can't see the video above, click here. The news comes after a federal judge blocked the $25 billion merger of Albertsons and ...
The proposed $24.6 billion merger between supermarket giants Kroger and Albertsons floundered on Tuesday after judges ...
Albertsons is set to report fiscal 2024 third-quarter results Wednesday morning, its first report since the grocery chain's ...
Antitrust experts say a few core issues prompted the judges to say no the merger, ultimately dooming the deal.
In an historic ruling for labor and antitrust advocates, a federal judge blocked the $25 billion merger of grocery giants Kroger and Albertsons.
Kroger’s stock price was up 5.1 percent by market close, while Albertsons ... said Tuesday’s decisions can only bolster its case against the merger. Kroger and Albertsons said in statements ...
Albertsons announced it is pulling out of its plans to merge with Kroger, citing two court rulings barring the transaction.
Kroger also can appeal the federal court ruling. The FTC argued the merger would ... ruling became public. Albertsons stock slumped 43 cents, or 2.3%, on the day to close at $18.51.
Albertsons warned Nelson that it might have to lay off workers, close stores and even exit some markets if the merger weren't allowed to proceed.Under the merger agreement, Kroger and Albertsons ...
A federal judge blocked Kroger Co.'s planned $24.6 billion acquisition of Albertsons ... Kroger also can appeal the federal court ruling. The FTC argued the merger would reduce competition and ...