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Mega-merger between Kroger and Albertsons delayed by a Colorado court

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The proposed $25 billion merger of Kroger and Albertsons has been halted to wait for a ruling on a lawsuit, according to Reuters.

The proposed $25 billion merger of Kroger and Albertsons has been halted to wait for a ruling on a lawsuit, according toThe deal is being held up until the Colorado District Court rules on a lawsuit filed to block the deal.

The U.S. Federal Trade Commission and eight other states, including Washington, said they were suing to block the merger. Kroger and Albertsons had said in April they were expanding their planned sale of grocery stores to get regulatory approval and would offload 166 more locations than previously agreed upon to C&S Wholesale Grocers. The merger involves some 4,000 stores.State fire investigators announced they are looking for a driver who was in the area when the Black Canyon Fire started.

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Kroger, Albertsons agree to temporarily halt merger plans while Colorado lawsuit proceedsSupermarket chains Kroger and Albertsons on Thursday agreed to temporarily halt their proposed merger in Colorado until a judge has considered the state’s objections. Kroger and Albertsons announced their planned merger in October 2022.
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