Latest in Albertsons Backs
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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.MarketWatch - 6h -
Albertsons sues Kroger after federal judge blocks merger
Grocery giant Albertsons called off its nearly $25 billion merger with Kroger after a federal judge temporarily blocked the union Tuesday in an effort to protect consumers from increasing costs. ...CBS News - 8h -
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.The Wall Street Journal - 13h -
Albertsons sues Kroger after judge rules against grocery merger
Albertsons filed a lawsuit against Kroger, saying it violated its contract and did not follow through on commitments to help get the deal approved.CNBC - 13h -
Albertsons sues Kroger, backs out of $25B merger after courts block the deal
Albertsons has filed a lawsuit against Kroger one day after federal judges blocked a potential $24.6 billion merger deal.ABC News - 14h -
Albertsons Gives Up Kroger Bid, Sues the Grocery Chain for Failed Deal
The lawsuit follows two separate Monday rulings blocking what would have been the largest ever grocery chain merger.Inc. - 15h -
Kroger-Albertsons Merger Blocked by Court
The ruling hands a victory to Biden antitrust enforcers, who said the $20 billion supermarket merger would erode competition and raise prices for consumers.The Wall Street Journal - 1d -
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 New York Times - 10h -
Albertsons gives up on Kroger merger, sues 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, saying it didn’t do enough to secure regulatory approval of the $24.6 ...ABC News - 14h -
Business leaders warn Reeves about the impact of her Budget tax rises
Banking, energy and transport executives voice concerns in meeting with UK chancellorFinancial Times - 16h -
Albertsons sues Kroger after judge rules against grocery merger
Albertsons on Wednesday formally terminated its proposed $25 billion merger with Kroger and filed a lawsuit against its supermarket competitor, saying Kroger violated its contract and didn’t follow ...NBC News - 16h -
Albertsons calls off Kroger merger, sues for breach of contract
Albertsons said it is calling off its merger with Kroger and is suing the rival grocery chain for breach of contract.CBS News - 16h -
Albertsons abandons merger and sues Kroger
Albertsons said Wednesday that it has terminated a $25 billion merger agreement with Kroger and will sue the grocery giant, alleging the company didn’t do enough to get the deal done. Judges in ...The Hill - 17h -
Albertsons abandons merger with Kroger after a judge temporarily blocked the deal
Albertsons called off a $25 billion merger with rival Kroger after a judge temporarily halted the deal. The grocery chain is also suing Kroger for willful breach of contract and breach of the ...CBS News - 17h -
Federal Judge Blocks $25 Billion Kroger-Albertsons Grocery Merger
The ruling, citing a potential loss of competition, was a victory for the Federal Trade Commission. Later, a Washington State judge blocked the deal on similar grounds.The New York Times - 1d -
Judges block Kroger-Albertsons merger. Continuing the courtroom fight could test investors’ patience.
The supermarket chains said they were disappointed with Tuesday’s court rulings, adding that they are reviewing their options.MarketWatch - 1d -
Kroger $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.CBS News - 1d -
Judge blocks Albertsons-Kroger $25 billion supermarket merger
A U.S. district judge in Oregon has blocked a $25 billion bid by supermarket giant Kroger to take over rival Albertsons, ruling that the Federal Trade Commission's concerns about the merger's ...NBC News - 1d -
Kroger-Albertsons on ice
Welcome to The Hill's Business & Economy newsletter {beacon} Business & Economy Business & Economy The Big Story Judge blocks Kroger-Albertsons merger A federal judge on Tuesday blocked the ...The Hill - 1d -
Federal judge temporarily blocks Kroger-Albertsons merger
A federal judge has temporarily blocked the merger of grocery giants Kroger and Albertsons after a three-week hearing. The Federal Trade Commission sued over the $25 billion deal in February, ...CBS News - 1d -
Federal judge blocks $25B Kroger-Albertsons merger, but leaves door open for future deal
A federal judge on Tuesday blocked the proposed $25 billion merger of grocery giants Kroger and Albertsons, ruling that the deal would limit competition and harm consumers, but the judge left the ...The Hill - 1d -
US judge blocks $25bn Kroger-Albertsons grocery merger
Deal challenged by Federal Trade Commission would consolidate two of the country’s biggest supermarket operatorsFinancial Times - 1d -
'Promised change, but Juventus are back in crisis'
As Juventus prepare to host Man City in the Champions League, Italian football expert Mina Rzouki looks at why the Old Lady are back in crisis.BBC News - 1d -
The endangered Mercosaurus roars back to life
Europe and South America revive a dormant dealFinancial Times - 2d -
Ancelotti: In-form Bellingham is 'back' for Madrid
Carlo Ancelotti said Jude Bellingham is "back" after the Real Madrid star scored his fifth goal in five LaLiga games in their 3-0 win at Girona.ESPN - 3d -
Plans to expand university backed by council
New buildings could be built, with new schools of medicine and business included in the proposals.Yahoo Sports - 5d -
Slot backs Kelleher to bounce back from errors
Arne Slot has backed goalkeeper Caoimhín Kelleher to bounce back from his error against Newcastle but has said first-choice Alisson Becker will be back from injury "very soon."ESPN - 5d -
Job Growth Bounced Back in November
After October’s noisy jobs report, November’s reading got a boost from strike resolutions and hurricane recoveries.Inc. - 5d -
The Teeny, Tiny Tee Is Back (Again)
Some people are buying actual kids’ shirts, but this time, that relic of ’90s and Y2K fashion is available in many more sizes.The New York Times - 6d -
Meta to scale back content moderation
Presented by LGBT Tech — {beacon} Technology Technology PRESENTED BY The Big Story Meta says harmless content taken down 'too often' Meta, the parent company of Facebook and Instagram, said ...The Hill - Dec. 3 -
Ancelotti backs Mbappé for shirking penalty
Carlo Ancelotti has backed Kylian Mbappé for not taking a penalty kick for Real Madrid against Getafe on Sunday -- allowing Jude Bellingham to score instead -- calling the decision "a great act of ...ESPN - Dec. 3 -
Old convictions are holding too many back
Criminal records should be reformed to offer employers a better, fairer way to assess potential hiresFinancial Times - Dec. 3 -
Harvey Weinstein taken back to hospital, lawyer says
Harvey Weinstein has been hospitalized for "emergent treatment due to an alarming blood test result that requires immediate medical attention," his attorney said.ABC News - Dec. 2 -
How Glossier Got Its Glow Back
The 10-year-old beauty brand is profitable, growing, and back in the zeitgeist after successfully pulling off a transition of power.Inc. - Dec. 2