<p>BOISE, Idaho — Albertsons on Wednesday terminated its $25 billion bid to merge with Kroger after courts blocked the deal and sued its rival, alleging a breach of contract that led to&a
</p><p>&quot;Given the recent federal and state court decisions to block our proposed merger with Kroger, we have made the difficult decision to terminate the merger agreement,&quot; Albertsons&a
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Court blocks Kroger's $25 billion acquisition of grocery rival AlbertsonsThe FTC argued the merger would eliminate head-to-head competition between the top two traditional grocery chains, leading to higher prices for shoppers.
Herkunft: CNBC - 🏆 12. / 72 Weiterlesen »
Court blocks Kroger’s $25 billion acquisition of rival AlbertsonsA U.S. judge blocked the pending $25 billion merger of U.S. grocery chains Kroger and Albertsons on Tuesday, siding with the U.S. Federal Trade Commission in...
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Judge blocks Albertsons-Kroger $25 billion supermarket mergerRob Wile is a Pulitzer Prize-winning journalist covering breaking business stories for NBCNews.com.
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$25-billion Kroger-Albertsons merger plan is blocked by federal judgeA federal judge on Tuesday temporarily blocked what would be the largest supermarket merger in U.S. history, involving Kroger and Albertsons.
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$25 Billion Kroger-Albertsons Merger Blocked By Federal JudgeThe judge sided with the Federal Trade Commission, which raised antitrust concerns over the merger.
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