Latest in Backs 25b Merger
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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 - 5h -
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 - 10h -
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 - 11h -
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 - 13h -
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 - 13h -
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 - 7h -
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 - 11h -
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 - 13h -
Albertsons sues Kroger after judge rules against grocery merger
Albertsons filed a lawsuit against Kroger, saying it violated its contract and didn't follow through on commitments to help get the deal approved.CNBC - 13h -
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 - 14h -
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 - 14h -
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 -
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 -
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 -
‘Merger Monday’ spree signals revival of deals since Trump victory
US companies ink more than $35bn in transactions as election sends jolt of enthusiasm through industryFinancial Times - 2d -
Omnicom and AssuredPartners mergers highlight need for ‘scale’ as dealmakers get busy
A pair of big-money acquisitions by advertising company Omnicom and insurance broker Arthur J. Gallagher tip the scales at a combined $27 billion.MarketWatch - 2d -
The endangered Mercosaurus roars back to life
Europe and South America revive a dormant dealFinancial Times - 2d -
Omnicom and Interpublic in merger talks to become largest advertising group
A $30bn-plus deal would come as most of the money in the industry is being siphoned off by big tech companiesFinancial Times - 3d -
Advertising Firms Omnicom and Interpublic Nearing Merger That Would Reshape Industry
A deal would create the world’s largest advertising company, with net revenue of more than $20 billion, topping WPP’s $15.1 billion.The Wall Street Journal - 3d -
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 - 4d -
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 -
Vodafone-Three UK merger set to ring changes on Britain’s mobile landscape
Deal will reduce number of operators in the country from four to threeFinancial Times - 6d -
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 -
Vodafone-Three Merger Gets Conditional U.K. Clearance
The Competition and Markets Authority said the deal will likely boost competition in the U.K. mobile sector, but would only proceed if both companies implement certain conditions.The Wall Street Journal - 6d -
British regulators approve $19 billion Vodafone-Three mobile merger
British regulators said the tie-up can proceed if both companies sign "binding commitments to invest billions" to roll out a 5G network across the U.K.CNBC - 6d -
Vodafone boss says prices won't rise after Three 'mega-merger'
The deal, which creates the UK's biggest mobile network, has had to overcome competition concerns.BBC News - 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