Latest in Kroger Bid
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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 - 7h -
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. - 14h -
The Onion's Bid for Infowars Rejected in Bankruptcy Court
A judge ruled that the trustee charged with auctioning off the assets of Infowars’ parent company didn’t maximize value for creditors.The Wall Street Journal - 16h -
Zalando to Bid $1.3 Billion for About You
Zalando plans to submit an offer to buy About You in a move to expand its offering in the European e-commerce fashion market.The Wall Street Journal - 23h -
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 -
Former DHS official launches DNC chair bid
Former Department of Homeland Security (DHS) official Nate Snyder has launched a bid to chair the Democratic National Committee (DNC), becoming the fifth candidate to jump into the race. “I left ...The Hill - 11h -
Detroit Mayor Duggan shocks with independent bid for governor
Detroit Mayor Mike Duggan’s decision to run as an independent candidate in the Michigan gubernatorial race may throw a wrench in Democrats’ plans to hold on to the office in 2026. Duggan, who has ...The Hill - 13h -
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 -
Rupert Murdoch Fails in Bid to Change Family Trust
A Nevada commissioner ruled resoundingly against Mr. Murdoch, who was trying to give full control of his empire to his son Lachlan and lock in Fox News’s right-wing editorial slant.The New York Times - 2d -
Rupert Murdoch loses bid to change family trust
Billionaire business mogul Rupert Murdoch lost a bid this week to change a family trust to consolidate control of his media company around his eldest son Lachlan. A Nevada commissioner ruled ...The Hill - 2d -
South Korea’s President Survives Impeachment Bid
Opposition lawmakers failed to impeach President Yoon Suk Yeol over the political crisis he sparked by declaring martial law earlier this week. Tens of thousands of protesters had gathered.The New York Times - 4d -
Texas House Speaker abandons bid for another term
Texas House Speaker Dade Phelan (R) abandoned his bid to serve another term as the leader of the lower chamber. “Out of deep respect for this institution and its members, and after careful ...The Hill - 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 -
Japan’s audacious bid to become a semiconductor superpower
The government is backing a start-up that aims to upend the economics and geography of the microchip industry. Does it have a chance of success?Financial Times - Dec. 4 -
Romania’s vote recount confirms pro-Russian presidential bid
Constitutional Court certifies first-round results, run-off to go ahead as planned on December 8Financial Times - Dec. 2
