Edward Kelly, an analyst from Wells Fargo, maintained the Buy rating on Albertsons Companies (ACI – Research Report). The associated price ...
The companies own dozens of grocery chains, including Safeway, Vons, Harris Teeter and Fred Meyer. “We have made the difficult decision to terminate the merger agreement,” Albertsons CEO Vivek ...
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 ...
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Albertsons owns Safeway and Vons — and is likely to begin a search for a new buyer for itself. Litigation left the Kroger-Albertsons merger pending for over two years. A third case, by the ...
Albertsons is based in Boise and owns a separate group of 2,200 stores, including Safeway, Vons, Tom Thumb and Kings Food Markets. Albertsons spokeswoman Danielle Berg said the company was ...
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 owns the well-known brands Pavilions, Safeway and Vons. Ohio-based Kroger operates Ralphs, Food4Less, Fred Meyer, Fry’s, Quality Food Centers and other popular grocery stores.
Shares of Albertsons - which runs Vons, Safeway, Pavilions and others - lost 1.5%. With the deal dead, BMO analyst Kelly Bania said in a research note on Wednesday that competition was likely to ...