Albertsons gives up on Kroger merger and sues the grocery chain for failing to secure deal

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Albertsons gives up on Kroger merger and sues the grocery chain for failing to secure deal
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Albertsons said that Kroger failed to exercise “best efforts”

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FILE — The entrance to an Albertson’s grocery store is shown on Aug. 24, 2024, in Cheyenne, Wyo. Albertsons is giving up on its merger with Kroger a day after it was rejected in two courts and it is suing the grocery chain, saying it didn’t do enough to secure regulatory approval for the $24.6 billion agreement.in Portland, Oregon.

On Wednesday and to take “any and all actions” to secure regulatory approval of the companies’ agreed merger transaction.ALDI has come up with a better way on shopping cartsSan Diego has a new nonstop flight to Toronto — with no middle seatsFierce Santa Ana winds topple big rig trucks in San Diego County and push the region toward droughtSan Diego’s public golf courses are raking in millions in profits — and helping fund some major upgradesJames Taylor’s 2025 tour includes two San Diego shows.

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