Albertsons gives up on Kroger merger and sues the grocery chain for failing to secure deal

  • 📰 ABC7
  • ⏱ Reading Time:
  • 40 sec. here
  • 3 min. at publisher
  • 📊 Quality Score:
  • News: 22%
  • Publisher: 68%

Kroger Albertsons Merger أخبار

15640876

Albertsons is giving up on its merger with Kroger a day after it was rejected in two courts and it is suing the grocery chain

A Portland, Oregon federal judge temporarily halted the proposed supermarket merger of Kroger and Albertsons.

, saying it didn't do enough to secure regulatory approval for the $24.6 billion agreement. U.S. District Court Judge Adrienne Nelson issued a preliminary injunction blocking the merger Tuesday after holding a three-week hearing in Portland, Oregon. Then Judge Marshall Ferguson in Seattle issued a permanent injunction barring the merger in Washington after concluding it would lessen competition in the state and violate Washington's consumer-protection laws.

On Wednesday Albertsons said that Kroger failed to exercise "best efforts" and to take "any and all actions" to secure regulatory approval of the companies' agreed merger transaction. Shares of Albertsons rose more than 2% before the market open, while Kroger's stock declined slightly.

لقد قمنا بتلخيص هذا الخبر حتى تتمكن من قراءته بسرعة. إذا كنت مهتمًا بالأخبار، يمكنك قراءة النص الكامل هنا. اقرأ أكثر:

 /  🏆 67. in EG
 

شكرًا لك على تعليقك. سيتم نشر تعليقك بعد مراجعته.

مصر أحدث الأخبار, مصر عناوين

Similar News:يمكنك أيضًا قراءة قصص إخبارية مشابهة لهذه التي قمنا بجمعها من مصادر إخبارية أخرى.

Albertsons gives up on Kroger merger and sues the grocery chain for failing to secure dealAlbertsons is giving up on its merger with Kroger a day after it was rejected in two courts and it is suing the grocery chain, saying it didn’t do enough to secure regulatory approval of the $24.6 billion agreement.
مصدر: ksatnews - 🏆 442. / 53 اقرأ أكثر »

Albertsons gives up on Kroger merger and sues the grocery chain for failing to secure dealAlbertsons is giving up on its merger with Kroger a day after it was rejected in two courts and it is suing the grocery chain, saying it didn't do enough
مصدر: Mynorthwest - 🏆 438. / 53 اقرأ أكثر »

Albertsons gives up on Kroger merger and sues the grocery chain for failing to secure dealAlbertsons is giving up on its merger with Kroger a day after it was rejected in two courts and it is suing the grocery chain, saying it didn’t do enough to secure regulatory approval of the $24.6 billion agreement.
مصدر: wjxt4 - 🏆 246. / 63 اقرأ أكثر »

Albertsons gives up on Kroger merger, files lawsuit against grocery chainThis comes a day after the proposed merger between the supermarket giants floundered after judges overseeing two separate cases both halted the deal.
مصدر: FOX10Phoenix - 🏆 83. / 68 اقرأ أكثر »

Albertsons gives up on Kroger merger and sues the grocery chain for failing to secure dealKatie joined the Denver7 team as a digital content producer in April of 2023.
مصدر: DenverChannel - 🏆 239. / 63 اقرأ أكثر »

Albertsons gives up on Kroger merger and sues the grocery chain for failing to secure dealAlbertsons said that Kroger failed to exercise “best efforts”
مصدر: sdut - 🏆 5. / 95 اقرأ أكثر »