/Gray News) - The Kroger-Albertsons merger has temporarily been halted amid a lawsuit by the state of Colorado, Colorado Attorney General Phil Weiser announced Thursday.
Weiser filed a lawsuit in February to block the merger. “I am pleased that Kroger and Albertsons agreed to halt their plans to merge until the court rules on the state’s lawsuit to permanently block the grocery merger. This is great news for shoppers, workers, farmers, and other suppliers, who can rest assured that this mega-merger will not go into effect during harvest season and while kids are headed back to school,” the Colorado attorney general said.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:
Nigeria Nigeria Latest News, Nigeria Nigeria Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Kroger and Albertsons release list of stores to be divested in proposed acquisitionA list of stores to be divested as a result of a proposed merger between Kroger and Albertson's was released by Kroger. The proposed acquisition is in litigation by the FTC and several state attorney generals for anticompetitive practices.
Source: FOX10Phoenix - 🏆 83. / 68 Read more »
Kroger-Albertsons merger would affect 124 WA grocery storesThe proposed Kroger-Albertsons merger would affect 124 grocery stores in Washington, and nearly 70 stores in the Seattle area would have to be sold off if the deal is approved.
Source: fox13seattle - 🏆 328. / 59 Read more »
Kroger, Albertsons announce stores that would be sold under mergerEleven San Diego County stores would be sold off in the proposed merger.
Source: KPBSnews - 🏆 240. / 63 Read more »
San Diego County grocery stores that would be sold in Kroger-Albertsons mergerThe merger is being challenged by the Federal Trade Commission, which claims the proposed $24.6 billion deal would lead to higher grocery prices through a reduction in marketplace competition.
Source: sdut - 🏆 5. / 95 Read more »
Employees speak out against proposed Kroger/Albertsons mergerKroger and Albertsons plan to appease federal regulators by selling off more than 400 stores to C&S, the industry’s largest privately owned wholesaler.
Source: ladailynews - 🏆 332. / 59 Read more »