<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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Federal judge blocks Kroger's $25B acquisition of AlbertsonsA federal judge issued a ruling that blocks the proposed $25 billion merger between Albertsons and Kroger, which critics argued would reduce competition in the grocery industry.
Herkunft: FoxBusiness - 🏆 458. / 53 Weiterlesen »
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...
Herkunft: dallasnews - 🏆 18. / 71 Weiterlesen »
Shoppers relieved as court blocks Kroger-Albertsons merger in Washington stateRight after the blocked Kroger-Albertsons merger in Washington state, KOMO News spoke with shoppers outside the QFC on Seattle's Mercer Street and 5th Avenue.
Herkunft: komonews - 🏆 272. / 63 Weiterlesen »