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Kroger-Albertsons Merger Blocked
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.
THE FRIDAY 5: Kroger-Albertsons Merger Falls Apart; Introducing the Retailer of the Year
Meanwhile, Wegmans revealed that its latest store opening will happen on New York’s Long Island early next year. The 101,000-square-foot supermarket will be the grocer’s first on Long Island and will employ more than 500 associates in full- and part-time roles.
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.
1d
Kroger Stock Rises on Resumed Buybacks After Collapse of Albertsons Merger
Kroger shares rose Thursday morning after the grocery chain laid out its plans for the future now that its proposed merger ...
FoodBev Media
8h
Albertsons terminates Kroger merger, files lawsuit over breach of contract
Albertsons has terminated its planned $24.6 billion merger with Kroger following court rulings blocking the deal due to antitrust concerns.
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