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Kroger, Albertsons
The Kroger-Albertsons merger is officially kaput. What's next?
Kroger, the nation’s largest operator of traditional supermarkets, would buy Albertsons, the second-largest such operator, for $24.6 billion and merge it into Kroger’s operations. The deal would combine Cincinnati-based Kroger and its 2,722 stores with Boise, Idaho-based Albertsons and the 2,271 stores it operates.
Here's why the Kroger merger with Albertsons was killed
Antitrust experts say a few core issues prompted the judges to say no the merger, ultimately dooming the deal.
Seeing Double: Kroger/Albertsons Merger Blocked by Federal and State Courts
In parallel, same-day rulings, a federal and state court blocked The Kroger Company’s $24.6 billion proposed acquisition of the Albertsons
Albertsons said in unsealed filing that Kroger had ‘buyer’s remorse’ after inking merger
Albertsons’ breach-of-contract claims, filed in a Delaware chancery court Dec. 11, allege Cincinnati-based Kroger “put itself first” in the face of regulatory opposition to the merger and ignored Albertsons’ suggestions for how to get the deal approved.
The Kroger-Albertsons merger fell apart. A UH professor explains why that's good for shoppers
University of Houston professor Steven Craig said the Krogers-Albertsons merger falling apart is a good development for shoppers.
Kroger/Albertsons Ruling Provides Lessons for Merger Remedy Divestitures
On December 10, a federal court in Oregon issued a preliminary injunction against Kroger's proposed $24.6 billion acquisition of Albertsons,
Albertsons calls off merger and sues Kroger
Grocery chain Albertsons called off its $25 billion blockbuster merger with Kroger Wednesday after a federal judge halted the deal.
Kroger-Albertsons merger is off. What's that mean for Arizona shoppers?
Two federal court rulings blocked the $25 billion merger of the supermarket giants and Albertsons sued Kroger for its handling of the deal. What now?
Albertsons terminates merger with Kroger and sues for breach of agreement
Albertsons has terminated its planned merger with Kroger and is suing Kroger for alleged breach of the merger agreement, claiming it had failed to make its “best efforts” to get the merger approved. The planned merger was doomed after a judge on the U.
Albertsons: Kroger Derailed Deal Due To “Buyer’s Remorse”
Kroger chose to sell as few stores as possible, ensured it was only selling Kroger’s worst performers, and opted to sell to one of the least-qualified buyers, Albertsons alleges
7d
on MSN
Kroger and Albertsons are spending billions to reward shareholders after their blocked merger
The grocery store operators had said they’d be able to cut prices by combining, but regulators and courts disagreed. Now they ...
8d
on MSN
Albertsons gives up on Kroger merger, sues grocery chain for failing to secure deal
Under the merger agreement, Kroger and Albertsons — who compete in 22 states — agreed to sell 579 stores in places where ...
9d
on MSN
Alberstons sues Kroger over failed $24.6B merger, Kroger calls it 'baseless and without merit'
Alberstons Wednesday announced a lawsuit against Kroger claiming breach of contract and alleging a failure to exercise best ...
nosh
1d
CPG Week: Kroger-Albertsons Break Up, Hershey Rejects Mondelēz
The CPG Week podcast jumps into the latest M&A news with the failure of the Kroger-Albertsons merger, a denied proposal by ...
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