Kroger-Albertsons merger temporarily halted by Colorado judge until September

  • 📰 DenverChannel
  • ⏱ Reading Time:
  • 40 sec. here
  • 6 min. at publisher
  • 📊 Quality Score:
  • News: 33%
  • Publisher: 63%

Kroger-Albertsons Merger Halted By Colorado Judge Notícia

Kroger-Albertsons Merger Halted Until September,Kroger-Albertsons Merger Temporarily Halted,Kroger-Albertsons Merger Temporarily Halted By Col

Óscar A. Contreras is a Murrow-nominated journalist who has been writing for the E.W. Scripps Company since January 2014.

DENVER – A proposed $25 billion merger between Kroger and Albertsons has been put on hold by a Colorado judge until the court rules on a lawsuit filed by the Colorado Attorney General to block the deal from happening earlier this year.

The trial is set to begin Sept. 30, he said, “and my office looks forward to making the case that this merger will eliminate competition and impact food prices, jobs, and consumer choice.” The companies have maintained no stores would be closed and frontline associates would lose their jobs. “We’re pleased with the court’s decision to temporarily halt the proposed mega-merger, which would have devastating impacts in communities here in Colorado and across the country,” said United Food and Commercial Workers Union Local 7 President Kim Cordova in a prepared statement. “Our members and customers alike are concerned about potential job losses, food and pharmacy deserts, increased food prices, cost to food suppliers, and a lack of competition if the merger goes through.

 

Obrigado pelo seu comentário. Seu comentário será publicado após ser revisado.
Resumimos esta notícia para que você possa lê-la rapidamente. Se você se interessou pela notícia, pode ler o texto completo aqui. Consulte Mais informação:

 /  🏆 239. in BR

Brasil Últimas Notícias, Brasil Manchetes

Similar News:Você também pode ler notícias semelhantes a esta que coletamos de outras fontes de notícias.

Kroger-Albertsons merger could lead to sale of 91 stores across ColoradoKroger and Albertsons would unload 91 grocery stores in Colorado if the companies prevail in lawsuits and regulators’ opposition to a merger of the two large supermarket chains.
Fonte: denverpost - 🏆 13. / 72 Consulte Mais informação »

91 Colorado grocery stores to be sold if Kroger-Albertsons merger goes throughJeff is a digital journalist with the Denver7 team.
Fonte: DenverChannel - 🏆 239. / 63 Consulte Mais informação »

FTC and State AGs Sue to Block Kroger-Albertsons 'Mega Merger'Jake Johnson is a senior editor and staff writer for Common Dreams.
Fonte: commondreams - 🏆 530. / 51 Consulte Mais informação »

Kroger-Albertsons merger temporarily halted amid lawsuitKroger and Albertsons are the parent companies of King Soopers/City Market and Safeway, the biggest grocery store chains in Colorado.
Fonte: AKNewsNow - 🏆 460. / 53 Consulte Mais informação »

Kroger and Albertsons merger on hold until Denver court rules on lawsuitDenver judge issued a preliminary injunction Thursday — which all sides agreed to — that prevents the $24.6 billion merger from closing until five days after the lawsuit is addressed.
Fonte: denverpost - 🏆 13. / 72 Consulte Mais informação »