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In testimony during the hearing, the CEOs of Albertsons and Kroger said the merged company would lower prices in a bid to retain customers. They also argued that the merger would boost growth, bolstering stores and union jobs.
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Kroger vows to terminate Albertsons merger if federal judge delays its closingConnect with Dan
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Kroger and Albertsons prepare to make a final federal court argument for their mergerClosing arguments are coming up in the Federal Trade Commission's attempt to block the proposed merger of supermarket chains Kroger and Albertsons.
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Kroger CEO defends potential Albertsons merger in federal court testimony: 'We will begin lowering prices'The $24.6 billion Kroger-Albertsons deal would be the largest grocery chain merger in U.S. history.
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Kroger, Albertsons defend merger plan in federal court against US regulators' objectionsSupermarket chain Albertsons told a federal judge Monday that it might have to lay off workers, close stores and even exit some markets if its planned merger with Kroger isn't allowed to proceed.
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Kroger and Albertsons defend merger plan in federal court against regulators’ objectionsA lawyer for supermarket chain Albertsons has told a federal judge that the company might have to lay off workers and close stores if its planned merger with Kroger isn’t allowed to proceed.
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Kroger and Albertsons defend merger plan in federal court against US regulators' objectionsSupermarket chain Albertsons told a federal judge Monday that it might have to lay off workers, close stores and even exit some markets if its planned merger with Kroger isn’t allowed to proceed.
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