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.

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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 - 35m
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 - 2h
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Financial Times - 2h
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 - 3h
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 - 3h
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 - 20h
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 - 1h
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 - 3h
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 - 3h

Albertsons calls off Kroger merger, sues for breach of contract

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Related

Albertsons sues Kroger, backs out of $25B merger after courts block the deal

Albertsons Backs Out of Merger Deal and Sues Kroger After Court Rulings

Business leaders warn Reeves about the impact of her Budget tax rises

Albertsons Sues Kroger, Terminates Merger After Judge Blocks Supermarket Megadeal

Albertsons sues Kroger after judge rules against grocery merger

Kroger-Albertsons Merger Blocked by Court

Albertsons gives up on Kroger merger, sues grocery chain for failing to secure deal

Albertsons sues Kroger after judge rules against grocery merger

Albertsons abandons merger and sues Kroger

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