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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 Washington and Oregon on Tuesday blocked the deal, deliv

By: The Hill

Dec 12 2024
16
3499 Views

Albertsons abandons merger and sues Kroger — Albertsons abandons merger and

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 Washington and Oregon on Tuesday blocked the deal, deliv... [2053 chars]

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