Edward Kelly, an analyst from Wells Fargo, maintained the Buy rating on Albertsons Companies (ACI – Research Report). The associated price target remains the same with $23.00. Discover the ...

Wells Fargo analyst Edward Kelly added Albertsons (ACI) to the firm’s Q1 “Tactical Ideas List.” Wells says it would be an aggressive buyer of Albertsons. Potential upside drivers include ...

Albertsons on Wednesday formally terminated its proposed $25 billion merger with Kroger and filed a lawsuit against its supermarket competitor, saying Kroger violated its contract and didn’t ...

Albertsons is giving up on its merger with Kroger and it is suing the grocery chain, saying it didn’t do enough to secure regulatory approval for the $24.6 billion agreement. Kroger and ...

One multi-billion merger partner bailed out after two court rulings went against the long-pending Kroger-Albertsons merger. Albertsons has gone from being a merger partner with Kroger to seeking ...

Albertsons' plan to merge with rival Kroger was blocked in court. Now, Albertsons has backed out of the deal and is filing a lawsuit. Just hours after a federal court blocked Albertsons plan to ...

The Albertsons logo is displayed at an Albertsons supermarket on August 26, 2024 in Los Angeles, California. Mario Tama/Getty Images "Kroger willfully breached the Merger Agreement in several key ...

Kroger's $24.6 billion proposed acquisition of Albertsons was blocked by a federal judge on Tuesday, marking a win for the Federal Trade Commission that could ultimately sink the deal. US District ...

Within a day of their $25 billion merger’s falling apart in court, Kroger and Albertsons were each planning to move forward with share repurchases to boost their stock prices and reward investors.

Kroger and Albertsons' plan for the largest U.S. supermarket merger in history crumbled Wednesday, with Albertsons pulling out of the $24.6 billion deal and the two companies accusing each other ...

The grocery industry's biggest potential alliance is toast. Albertsons said Wednesday that it's terminating Kroger's proposed $24.6 billion acquisition, a day after a federal judge blocked the ...

The proposed merger between supermarket giants Kroger and Albertsons floundered on Tuesday after judges overseeing two separate cases both halted the deal. U.S. District Court Judge Adrienne ...