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Both retailers are back in cost-cutting mode after their megamerger failed. Here’s what to watch in the months ahead.
The largest proposed merger in the history of American supermarkets came to an abrupt end this week after Albertsons terminated its $25 billion merger agreement with Kroger one day after a federal ...
Kroger and Albertsons grocery megamerger blocked by courts Two rulings — in federal and state courts — make it increasingly likely that Kroger might abandon its $24.6 billion plan to buy ...
A new lawsuit claims grocery chain rivals Kroger and Albertsons colluded during a 2022 strike in Colorado to diminish the union’s leverage at the bargaining table, resulting in lower wages and ...
By Wednesday morning, Albertsons abandoned the merger and filed a lawsuit against Kroger, alleging a willful breach of contract for not doing enough to win regulatory approval for the merger.
Albertsons filed a lawsuit against Kroger, alleging willful breach of contract in their merger agreement. The complaint, temporarily under seal, accuses Kroger of failing to meet regulatory ...
The grocery chain said Albertsons’ lawsuit, filed in Delaware Court of Chancery, is an attempt to deflect blame after Kroger notified Albertsons of its own breaches of the agreement.
Albertsons announced Wednesday that it has given up its merger with Kroger and has filed a lawsuit against the grocery chain.
The grocery company Kroger is shutting down 60 locations in the wake of labor unrest, a failed merger and the chief executive ...
Albertsons announced Wednesday that it has given up its merger with Kroger and has filed a lawsuit against the grocery chain.
Thwarted by federal and state judges, Albertsons gave up on its proposed $24.6 billion sale to Kroger and sued its would-be merger partner. Wednesday’s lawsuit comes a day after a federal judge ...
Albertsons responded to the ruling by immediately ending the merger agreement and filing a lawsuit against Kroger in the Delaware Court of Chancery for “willful breach of contract and breach of ...
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