News

Failed mergers create perfect storms of executive departures, talent flight and investor lawsuits, but they also offer ...
Albertsons and Kroger spent over two years and more than $850 million on an unsuccessful effort to merge. The two supermarket giants are now spending additional money fighting over the fallout.
Weiser said in a lawsuit challenging a proposed $24.6 billion merger of Albertsons and Kroger, which owns King Soopers and City Market in Colorado, that emails between the two chains show that ...
What would be the biggest grocery merger in U.S. history is now ... They await another ruling in a third lawsuit in Colorado. Kroger runs many familiar grocery stores, including Ralphs, Harris ...
The lawsuit is the latest in the fallout since Albertsons called off the merger: the Boise, Idaho-based retailer announced it was also suing Kroger the same day it pulled out of the deal for ...
Albertsons announced Wednesday that it has given up its merger with Kroger and has filed a lawsuit against the grocery chain. This comes a day after the proposed merger between the supermarket ...
Kroger breached its merger agreement with Albertsons when it failed to put together a divestiture package that appeased regulators, Albertsons alleges in a newly unsealed lawsuit. The nation’s ...
Investors largely took news of the merger’s end in stride: Kroger’s stock price was up 1.7 percent by midmorning, while Albertsons’ was down just 0.3 percent. The lawsuit comes less than 24 ...
Albertsons said it filed a lawsuit on Wednesday alleging Kroger ... its contractual obligations to ensure that the merger succeeded, Kroger acted in its own financial self-interest,” Tom ...
The two grocery store chains first proposed the $24.6B deal in 2022. Albertsons has filed a lawsuit against its rival Kroger following a failed multibillion dollar deal that would have marked the ...
Albertsons canceled its proposed $24.6 billion merger with Kroger after courts blocked the deal announced two years ago. Albertsons also filed a breach-of-contract lawsuit against Kroger Wednesday ...
Kroger, which planned to take over Albertsons, said the claims are "baseless and without merit." The announcement came one day after two judges ruled to block the merger of the companies ...