Search results
Results from the WOW.Com Content Network
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 ...
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 lawsuit cited a purported email from an Albertsons executive telling a counterpart at Kroger that his company would not poach Kroger employees while they were on strike.
A day after a federal judge delivered a serious blow to the merger, Albertsons announced Wednesday it was giving up on the controversial deal to join forces with its competitor Kroger and sued the ...
Albertsons bought 33 former Haggen stores for $14.3 million at a bankruptcy auction in November, many for the nominal price of $1 since they came with liabilities as part of their sale. [7] The failure of the spin-off of stores to Haggen has been seen as a particular concern for the proposed Albertsons–Kroger merger. [8]
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 ...
On Wednesday, Kroger said Albertsons' "claims are baseless and without merit" - and accused the Boise, Idaho-based grocer of "repeated intentional material breaches and interference throughout the ...