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Albertsons, which owns Vons, and Kroger, which owns Ralphs, are pursuing a merger that would combine the two largest grocery store chains in the U.S. (Jason Armond / Los Angeles Times)
A federal judge has ruled against Kroger’s $25 billion takeover bid for Albertsons, granting a preliminary injunction blocking the deal.. After holding a more than three-week "mini-trial" in ...
The largest proposed merger in US supermarket history has collapsed. Grocery chain Albertsons called off its $25 billion merger with Kroger Wednesday, a day after a federal judge blocked the deal ...
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 ...
Under the terms of the proposed merger, which the two companies unveiled in 2022, Kroger was to acquire Albertsons. The newly formed behemoth would have operated more than 5,000 stores in 48 ...
From the start, Cincinnati-based Kroger and Boise, Idaho-based Albertsons said the merger was necessary to stay efficient and competitive in a grocery industry increasingly dominated by ...
Considering Kroger's and Albertsons' single-digit shares of the properly defined market, and competition from other grocers not recognized by the FTC, the merger was more likely to save Albertsons ...
(Reuters) -A U.S. judge blocked the pending $25-billion merger of U.S. grocery chains Kroger and Albertsons on Tuesday, in a win for the Federal Trade Commission that Kroger has said would likely ...