Albertsons is giving up on its merger with Kroger and is suing the grocery chain, saying it didn't do enough to secure regulatory approval for the $24.6 billion agreement.On Wednesday Albertsons said that Kroger failed to exercise “best efforts” and to take “any and all actions” to secure regulatory approval of the companies’ agreed merger transaction.
United Food and Commercial Workers Local 7, which represents 23,000 workers across Colorado and Wyoming, celebrated the decision Tuesday.'When Albertsons and Safeway merged in 2015, we lost 43 stores in this market, and it hurt workers. It hurt our retirees. There was less competition,' she said.Denver7 has been following this story since the merger was first announced in October 2022. View a timeline of everything that's lead up to this trial, below.
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