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Albertsons suing Kroger 'for billions,' cancels merger

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.

The Economist · 1h

Why judges were wrong to block the Kroger-Albertsons merger

T he biggest supermarket merger in American history is dead. In the space of just a few hours on December 10th, federal and state judges both sided with the Federal Trade Commission ( FTC ), America’s main antitrust regulator,

Hosted on MSN · 24m

Albertsons demands billions from rival Kroger after terminating merger bid

Albertsons and Kroger terminated their $25 billion merger plan on Wednesday after courts blocked the deal, with the former suing its rival and alleging a breach of contract that led to the deal's demise.

1h

5 Things to Expect From New FTC Chair Andrew Ferguson, Based on His Pitch to Trump

A document that Andrew Ferguson, Trump's pick for FTC Chair, reportedly sent as his pitch for the job says he would end the "war on mergers." ...

Albertsons gives up on Kroger merger and sues the grocery chain for failing to secure deal

Under the merger agreement, Kroger and Albertsons — who compete in 22 states — agreed to sell 579 stores in places where ...

10hon MSN

Trump FTC Pick Boosts M&A Hopes. Why Markets Should Expect Big Tech Barriers and 5 Other Things to Know Today.

Federal judge blocks Kroger-Albertsons deal, Micron Technology awarded funding for chips factories, and more news to know ...

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