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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 - 13h -
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 -
In Aleppo, Rebels Give a Sense of What Is to Come for Syria
Rebel fighters who took control of Aleppo about two weeks ago have promised security and continuity. Prices have skyrocketed, but residents express some hope for the future.The New York Times - 17h -
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 - 16h -
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 -
Officials give update on Franklin Fire in California
Officials in California held a news conference Tuesday to offer details on their response to the Franklin Fire that's been burning in Malibu, California. See the full news conference.CBS News - 1d -
Why Raducanu is giving herself a 'pat on the back' for 2024
Emma Raducanu spent 2024 trying to rebuild after missing a year through injury - BBC Sport analyses how her season panned out.BBC News - 2d -
Give People What They Really Want: Digital Gifts
These creative annual subscriptions and unique apps won’t end up in the landfill.The Wall Street Journal - 3d -
The best books to give as gifts this Christmas
From a radical retelling of Huckleberry Finn to Al Pacino’s autobiography, novelists and nonfiction writers reveal the books they will be giving as gifts – and the volumes they would love to find ...The Guardian - 3d -
Bethell's sliding doors give England a decision
Jacob Bethell's serendipitous entry into Test cricket has left England with a decision to make, writes Stephan Shemilt.BBC News - 4d -
Real Madrid legend gives take on Mbappe situation
Former Real Madrid forward Ronaldo Nazario was recently chosen by FIFA to present the trophy for the Club World Cup. This prestigious piece symbolises the ultimate reward that the winner of the ...Yahoo Sports - 5d -
Bethell & Atkinson give England complete control
Jacob Bethell strokes 96 after Gus Atkinson's hat-trick as England take a stranglehold on the second Test against New Zealand.BBC News - 5d -
Kroger’s sales growth dinged by lower fuel prices and more — but it says many shoppers ‘feel better’
Supermarket giant Kroger said lower fuel prices and the sale of its specialty-pharmacy business weighed on third-quarter sales, and that it expects fourth-quarter same-store sales to be lower than ...MarketWatch - 6d -
Charities see an uptick in giving. This Giving Tuesday, they can thank retirees for that.
Older Americans can still do a better job of donating in a tax-advantageous way, experts said.MarketWatch - 6d -
PM refuses to give further details of Haigh resignation
Conservative leader Kemi Badenoch asks the PM why he appointed a "convicted fraudster" to his team.BBC News - Dec. 4 -
This Giving Tuesday, Workplace Giving Could Be Getting a Boost
Celebrated the Tuesday after Thanksgiving, Giving Tuesday offers companies a chance to give back. Here’s a look at the state of workplace giving in 2024.Inc. - Dec. 3
