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Albertsons suing Kroger 'for billions,' cancels merger
Albertsons suing Kroger 'for billions,' cancels merger after court rulings
Albertsons announced Wednesday it is pulling out of its plans to merge with Kroger, citing two court rulings on Tuesday barring the transaction.
Albertsons Backs Out of Merger Deal and Sues Kroger After Court Rulings
The supermarket chain had tried to join forces with Kroger, but judges sided with federal and state regulators who charged that the merger would reduce competition.
Albertsons sues Kroger for failing to win approval of their proposed supermarket merger
Albertsons is giving up on its merger with Kroger a day after it was rejected in two courts and it is suing the chain, saying it didn’t do enough to secure regulatory approval of the $24.6B agreement.
22h
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 ...
Yahoo Finance
1d
Kroger and Albertsons’ alleged collusion in Colorado remains a focus for state’s AG
A pending ruling from a Colorado state court over the legality of
Kroger
and
Albertsons
’ plan to merge might no longer be ...
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