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Here's why Kroger merger with Albertsons was killed
Kroger's $25 billion acquisition of Albertsons was blocked, marking a win for the FTC
Kroger's $24.6 billion acquisition of Albertsons was blocked by a federal judge. Lawyers for the companies previously said this would sink the deal.
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.
The Kroger-Albertsons grocery merger was blocked in a big win for the FTC
In a major victory for the Federal Trade Commission (FTC) and the Biden Administration, a federal judge has temporarily blocked the $25 billion merger between grocery giants Kroger (KR) and Albertsons (ACI),
1h
on MSN
Kroger-Albertsons Merger Halted by the Federal Trade Commission
The merger between grocery store giants Kroger and Albertsons was halted by Judge Adrienne Nelson of the U.S. District Court ...
KFDI
1h
Grocery chain Albertsons sues rival retailer Kroger after courts block $24.6 billion merger
Share on Facebook Share on Twitter After a federal court blocked the multibillion proposed merger between grocery retailers ...
1d
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.
5h
Kroger CEO moves on from Albertsons merger, launches $7.5B share buyback
Kroger is buying back billions of dollars in stock, putting to use some of the capital it was planning to use in a megadeal.
abc13
18h
Albertsons gives up on Kroger merger and sues the 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 ...
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