Albertsons terminates $25B merger, files suit against Kroger

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Albertsons on Wednesday terminated its $25 billion merger agreement with Kroger after the U.S. District Court in Oregon and the King County Superior Court for the State of Washington blocked the deal.

<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&#x3B;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&#x3B; 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.
منبع: FoxBusiness - 🏆 458. / 53 ادامه مطلب »

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.
منبع: CNBC - 🏆 12. / 72 ادامه مطلب »

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...
منبع: dallasnews - 🏆 18. / 71 ادامه مطلب »

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.
منبع: komonews - 🏆 272. / 63 ادامه مطلب »