Albertsons announced on Dec. 11, 2024, that it had called off an attempted merger with Kroger and would sue Kroger for breach ...
Oregon’s economy was humming in 2024, with unemployment near historic lows and Oregonians generally reporting they felt ...
A version of this article originally appeared in Quartz’s members-only Weekend Brief newsletter. Quartz members get access to ...
Two federal court rulings blocked the $25 billion merger of the supermarket giants and Albertsons sued Kroger for its ...
Under the merger agreement, Kroger and Albertsons — who compete in 22 states — agreed to sell 579 stores in places where ...
Kroger willfully breached the Merger Agreement in several key ways, including by repeatedly refusing to divest assets ...
Kroger’s conduct created frustration and distrust among regulators … and ultimately caused an unprecedented litigation ...
Albertsons in a lawsuit claims Kroger got cold feet and acted in its own interests rather than pursuing completion of the ...
The supermarket chain had tried to join forces with Kroger, but judges sided with federal and state regulators who charged ...
Albertsons’ breach-of-contract claims, filed in a Delaware chancery court Dec. 11, allege Cincinnati-based Kroger “put itself ...
After two years and ongoing opposition, Jewel-Osco parent Albertsons officially terminated its proposed $24.6 billion merger ...
Albertsons is now saying that Kroger didn’t do enough to secure regulatory approval for the $24.6 billion merger deal.