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

A shopper heads into a Safeway store, which is part of the Albertson’s grocery chain, Tuesday, Dec. 10, 2024, in Denver. in separate court cases. U.S. District Court Judge Adrienne Nelson issued a preliminary injunction blocking the merger Tuesday after holding ain Portland, Oregon. An hour later, 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 consumer-protection laws.

Kroger willfully breached the Merger Agreement in several key ways, including by repeatedly refusing to divest assets necessary for antitrust approval, ignoring regulators’ feedback, rejecting stronger divestiture buyers and failing to cooperate with Albertsons. Keeler: Broncos’ Bo Nix, Sean Payton only getting started, New Orleans Saints legends say. “You’re fortunate. Just you wait.”

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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.
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