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.
Even if they merge, Kroger and Albertsons would still only account for 9 percent of overall grocery sales, as C. Jarrett ...
Kroger is buying back billions of dollars in stock, putting to use some of the capital it was planning to use in a megadeal.
Merger would curtail competition for grocery shoppers, Oregon court finds in a decision that could derail the 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 ...
Some results have been hidden because they may be inaccessible to you
Show inaccessible results
Feedback