Colorado judge temporarily halts Kroger-Albertsons merger, Bloomberg News reports

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Albertsons News

Kroger,Bloomberg News,Andrew J. Luxen

At a hearing in Denver on Thursday, Judge Andrew J. Luxen granted a preliminary injunction halting the deal and canceled a hearing set for next month...

Traders work as screens display the trading information for Kroger and Albertsons on the floor of the NYSE in New York - A Colorado judge issued an order temporarily blocking the proposed $25 billion merger between Kroger and Albertsons, which has been challenged by the state attorney general, Bloomberg News reported on Thursday.

Luxen will now oversee a two-week trial on the merits of the proposed tie-up beginning on Sept. 30, the report said, adding that the two companies agreed to delay closing their proposed deal until after the court rules.Scientists Create World’s Smallest Chariot That Can Only Be Seen With A Microscope

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