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Albertsons Sues Kroger
Fresh Take: Albertsons Sues Kroger As Merger Falls Apart, And UFCW Calls For Kroger CEO To Resign
Forbes' latest edition of its Fresh Take newsletter features the details of how a deal between Kroger and Albertsons fizzled, plus a look Mr. Yoshida's Japanese BBQ sauce.
Albertsons gives up on Kroger merger, sues 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 their locations overlap to C & S Wholesale Grocers, a New Hampshire-based supplier to independent supermarkets that also owns the Grand Union and Piggly Wiggly store brands.
Albertsons is now suing Kroger for billions. That won’t help it find another buyer, analysts say.
Grocery-store giant Albertsons Cos. said Wednesday that it is walking away from its merger with rival Kroger Co., a day after two judges blocked it.
13h
on MSN
Local unions group seeks ouster of Kroger CEO after $7.5 billion buyback plan
Some United Food and Commercial Workers (UFCW) local unions on Friday urged Kroger's board to replace CEO Rodney McMullen ...
2d
Why The Kroger-Albertsons Merger Was Blocked
In an historic ruling for labor and antitrust advocates, a federal judge blocked the $25 billion merger of grocery giants ...
2d
on MSN
Albertsons ends merger deal, accuses Kroger of ‘self-serving conduct’
Albertsons is suing Kroger for breach of contract and accusing it of failing to exercise its “best efforts” to get regulatory ...
2d
on MSN
Kroger's $24.6 billion purchase of Albertsons halted by federal judge
Merger would curtail competition for grocery shoppers, Oregon court finds in a decision that could derail the deal.
1d
Kroger-Albertsons merger is off. What's that mean for Arizona shoppers?
Two federal court rulings blocked the $25 billion merger of the supermarket giants and Albertsons sued Kroger for its ...
23h
The Friday Checkout: What will rise from the ashes of the Kroger-Albertsons tie-up?
The spectacular flameout of the grocers’ merger plan has created the conditions for a tantalizing round of M&A activity in ...
2d
Albertsons Demands Billions From Rival Kroger After Terminating Merger Bid
(Reuters) -Albertsons on Wednesday terminated its $25 billion bid to merge with Kroger after courts blocked the deal and sued ...
1d
on MSN
Kroger’s stock hits new highs as Albertsons deal dies. It faces these questions ahead.
Free from the financial burdens of trying to buy rival Albertsons, shares of supermarket giant Kroger were sitting at new ...
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Albertsons
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