Albertsons announced Wednesday it is pulling out of its plans to merge with Cincinnati-based Kroger, citing two court rulings on Tuesday barring the transaction. Also, it disclosed it's suing ...

Albertsons announced Wednesday it is pulling out of its plans to merge with Cincinnati-based Kroger, citing two court rulings on Tuesday barring the transaction. Also, it disclosed it's suing ...

Atlanta, Georgia, Kroger. (Photo by: Jeffrey Greenberg/Universal Images Group via Getty Images) A Federal Judge and a King County Judge in Washington state have blocked the $25 billion merger of ...

Grocery chain Albertsons called off its $25 billion merger with Kroger Wednesday, a day after a federal judge blocked the deal. The merger, announced in 2022, sought to combine the fifth and tenth ...

The two grocery store chains first proposed the $24.6B deal in 2022. Albertsons has filed a lawsuit against its rival Kroger following a failed multibillion dollar deal that would have marked the ...

Just hours after Albertsons terminated the agreement calling for Kroger Co. to buy the company, Kroger also terminated the deal while launching plans to repurchase of billions of dollars in stock.

Albertsons sued Kroger after a US judge blocked the merger of the supermarket giants, claiming Kroger failed to exercise “best efforts” and take “any and all actions” to secure regulatory ...

A federal judge in Oregon blocked Kroger’s $24.6 billion acquisition of grocery rival Albertsons on Tuesday, marking the possible end of what would have been the largest supermarket merger in U ...

A federal judge on Tuesday temporarily blocked Kroger $24.6 billion acquisition of Albertsons, ruling that the proposed union would lessen competition for grocery shoppers. The preliminary ...

Albertsons has sued Kroger, launching a new chapter in the supermarket wars after the two largest U.S. grocery chains failed to convince multiple courts that they should be allowed to merge to ...

Albertsons on Wednesday called off its $24.6 billion merger with Kroger, a day after a judge temporarily blocked the union, and sued the rival grocery chain for breach of contract. "Given the ...

Albertsons said Wednesday that it has terminated a $25 billion merger agreement with Kroger and will sue the grocery giant, alleging the company didn’t do enough to get the deal done.