A federal judge has temporarily halted a proposed merger between supermarket giants Kroger and Albertsons, an action that could scuttle the deal.
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The two supermarket chains can't go forward with the planned merger until the Federal Trade Commission completes an internal antitrust investigation.
A federal judge has temporarily halted a proposed merger between supermarket giants Kroger and Albertsons, an action that could scuttle the deal.
The ruling, citing a potential loss of competition, was a victory for the Federal Trade Commission. Later, a Washington State judge blocked the deal...
NEW YORK: Two US courts ruled against supermarket giant Kroger’s planned US$24.6 billion acquisition of rival chain Albertsons on Tuesday, dealing...
One of the Biden administration's final acts will be securing a legal prohibition on the merger of two of America's largest grocery chains, Kroger and...
The proposed merger between supermarket giants Kroger and Albertsons floundered on Tuesday after judges overseeing two separate cases both halted the...
The supermarket chain had tried to join forces with Kroger, but judges sided with federal and state regulators who charged that the merger would...
KR terminates its merger deal with ACI. The company looks forward to resuming its share repurchases and authorizes a new program.
Two significant court rulings have halted the proposed $24.6 billion merger between grocery giants Kroger Co. (NYSE: KR) and Albertsons The post...
Kroger's (KR) proposed acquisition of Albertsons (ACI) was officially blocked this week after federal judges ruled that the merger would violate...
Albertsons is giving up on its merger with Kroger and it is suing the grocery chain, saying it didn't do enough to secure regulatory approval for the...