Kroger Co. (KR)
Albertsons sues Kroger, terminates deal after federal judge blocks massive grocery merger
Albertsons terminated the merger and blamed Kroger for breaching the terms of its agreement.
Albertsons Takes Kroger to Court After Grocery Merger Collapses
Albertsons has sued fellow grocery giant Kroger over the failure of their $24.6 billion merger. The company said Wednesday (Dec. 11) that it has filed a lawsuit in the Delaware Court of Chancery, accusing Kroger of breach of contract.
The Kroger-Albertsons Deal Is Off. Courthouse Drama Could Be Next
The deal is over. The story isn't.
Albertsons files lawsuit against Kroger for breach of merger agreement
CNBC's Sara Eisen reports on news regarding two large grocery store operators.
Albertsons Sues Kroger, Terminates Merger After Judge Blocks Supermarket Megadeal
Albertsons' lawsuit said the rival grocery company failed to exercise its best efforts to win regulatory approval for the $20 billion deal.
Albertsons Sues Kroger After Judge Blocks $25 Billion Merger
Grocery store chain Albertsons formally terminated nearly $25 billion merger agreement with rival Kroger on Wednesday, a day after a federal judge blocked the deal—with Albertsons filing a lawsuit accusing Kroger of failing to win regulatory approval for the agreement.
Albertsons sues Kroger after judge rules against grocery merger
Albertsons on Wednesday formally terminated its proposed $25 billion merger with Kroger. Albertsons filed a lawsuit against its fellow supermarket operator, saying Kroger violated its contract and didn't follow through on commitments to help get the deal approved.
Albertsons terminates $25 billion merger with Kroger after regulatory hurdle
Albertsons on Wednesday terminated its $25 billion merger agreement with Kroger after the U.S. District Court in Oregon and the King County Superior Court for the State of Washington blocked the deal.
Kroger, Albertsons could turn to ad business as deal termination looms, analysts say
After a federal court blocked the $25 billion Kroger -Albertsons merger, the two supermarket rivals could turn to fast-growing and profitable advertising ventures to tackle competition and grow, analysts said.
Judge Blocks Kroger's $24.6 Billion Albertsons Deal Over Competition Concerns
A federal judge has blocked Kroger's $24.6 billion acquisition of Albertsons on Tuesday (Dec. 10), citing concerns that the deal would reduce competition in the U.S. grocery market, Bloomberg reported. U.S.
Kroger's $25 billion acquisition of Albertsons was blocked, marking a win for the FTC
Kroger's proposed $24.6 billion acquisition of Albertsons was blocked by a federal judge. The judge agreed with the FTC that the merger would weaken competition for US grocery shoppers.
Kroger Stock Ends Higher After Judge Blocks Albertsons Merger
Shares of grocer Kroger (KR) finished Tuesday higher, rising in afternoon trading on the news that a court blocked its planned merger with Albertsons (ACI).
