DENVER — Closing statements in the Colorado trial over what could be the largest supermarket merger in U.S. history began on Thursday. After weeks of back and forth between the State of Colorado, Kroger and Albertson's, closing statements took up the entire day.The attorney for the state laid out its beliefs during closing statements, saying a merger between Kroger and Albertson's would hurt King Soopers and Safeway customers and employees.
The state also saying it believes Kroger wants this merger to go through to get rid of competition, it believes C&S doesn't have the experience to take on a sale of this size. 'They get to take Albertson's out of the market and replace it with a far inferior competitive it's also really easy for the Albertson's executives to be optimistic about this,' the state's attorney said. 'They all have golden parachutes.
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Fuente: DenverChannel - 🏆 239. / 63 Leer más »