What’s next for Kroger following its failed bid to buy Albertsons? Will the divorce affect Rodney McMullen’s future? Will the ...
Albertsons is set to report fiscal 2024 third-quarter results Wednesday morning, its first report since the grocery chain's ...
During the heyday of American antitrust rulings, from the 1930s to the ’70s, few industries faced as much scrutiny as the ...
The FTC sued in February to halt on antitrust grounds downtown Cincinnati-based Kroger’s (NYSE: KR) plans to buy Boise, Idaho-based rival Albertsons (NYSE: ACI) in a deal involving the nation ...
The proposed $24.6 billion merger between supermarket giants Kroger and Albertsons floundered on Tuesday after judges ...
President-elect Trump's return to the White House could bring an uptick in mergers and acquisitions, as markets anticipate tax and regulatory reforms that will boost dealmaking.
The FTC successfully argued that the merger would raise prices by eliminating competition and weaken union bargaining power. Kroger and Albertsons countered that they needed to merge to compete ...
Several prominent mergers and acquisitions have been blocked or challenged by the Biden-Harris administration in 2024, ...
In its efforts to block the acquisition the FTC said the deal would reduce competition as well as lead to higher prices for US grocery shoppers and lower wages for workers. "Kroger and Albertsons ...
The companies say a merger would help them better compete with big retailers like Walmart, Costco and Amazon.The case may now move to the FTC, although Kroger and Albertsons have asked a different ...