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 billion agreement

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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
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 - 5h
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. - 7h
Business leaders warn Reeves about the impact of her Budget tax rises

Banking, energy and transport executives voice concerns in meeting with UK chancellor
Financial Times - 8h
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 - 8h
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 - 8h
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 - 8h
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 - 21h
US judge blocks $25bn Kroger-Albertsons grocery merger

Deal challenged by Federal Trade Commission would consolidate two of the country’s biggest supermarket operators
Financial Times - 1d