Kroger, Albertsons
Merger between Fry's parent Kroger, Albertsons seems unlikely to investors, analysts ahead of court decision
Wall Street analysts investors are indicating what they expect to happen to Fry's Food Stores parent Kroger Co.'s planned $24.6 billion acquisition of rival Albertsons Cos. Inc. — the owner of Safeway stores in the Valley — now that closing arguments have wrapped up in the grocers' court battle with the Federal Trade Commission over the deal.
Kroger-Albertsons merger case is in Oregon judge’s hands as arguments wrap up
Katie O’Connell became a regular at Portland’s Cully neighborhood Albertsons store, just two blocks from her home, during the COVID-19 pandemic as prices climbed at other nearby stores. Now, she divides her shopping between the Albertsons for pantry staples and a Safeway on Northeast Sandy Boulevard for fresh produce and meats,
Kroger and Albertsons make a final pitch for their merger before a judge decides whether to block it
PORTLAND, Ore. -- The federal government urged a U.S. District Court judge on Tuesday to temporarily prevent a proposed merger between Kroger and Albertsons, saying in closing arguments the combination would “almost certainly” benefit shareholders and not everyday shoppers.
Would a Kroger and Albertsons merger drive grocery prices up or down? The answer is complicated
The Federal Trade Commission and several states’ attorneys general, including California Atty. Gen. Rob Bonta, say the deal would eliminate competition
Inside closing arguments from the FTC’s challenge to Kroger-Albertsons merger
The federal agency’s attorneys highlighted how the deal would impact local communities while the grocers’ lawyers said the agency was out of touch with the realities the industry and shoppers face.
Washington state’s court case to block Kroger-Albertsons merger is set to begin. Haggen looms large
The case is one of three challenging the $24.6 billion deal, which was announced nearly two years ago. The Federal Trade Commission is currently fighting the merger in federal court in Oregon, where closing arguments are expected Tuesday. (Oregon has joined in that case.) Colorado has also sued to block the merger.
Kroger-Albertsons merger: Trial comes down to economists testimony, expert says
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As the clock ticks on the Kroger-Albertsons merger, the stakes for the grocers are rising, analysts say
The opportunity cost of pursuing the merger over the past two years has been enormous for Kroger,” one business strategy expert said.
Kroger and Albertsons CEOs Say Merger Would Help Them Lower Prices
The executives testified at a hearing in Oregon on the FTC's attempt to block the merger of two of the country's largest grocery store operators.
Kroger and Albertsons Prepare to Make a Final Federal Court Argument for Their Merger
Closing arguments are coming up in the Federal Trade Commission's attempt to block the proposed merger of supermarket chains Kroger and Albertsons
AZ Central7d
As clock ticks on Kroger-Albertsons FTC case, more court battles loom against merger
30 when the Colorado Attorney General is set to go to court in his antitrust case against the merger. First announced in October 2022, Cincinnati-based Kroger offered to buy Boise, Idaho-based ...
KOIN 615d
Kroger, Albertsons CEOs make the case in federal court for merger
A lawyer stands in a Portland federal court during a hearing about a proposed Kroger-Albertsons merger and wether the FTC should allow it to go through. September 4, 2024 (courtesy Abigail ...
Los Angeles Times14d
Would a Kroger and Albertsons merger drive grocery prices up or down? The answer is complicated
As grocery giants Kroger and Albertsons push to carry out the largest ... regulators argue will happen if the deal is allowed to go through. “The day that we merge is the day that we will ...
Is the Kroger-Albertsons merger really doomed? The deal’s chances, and what it means for consumers, explained
As the FTC’s antitrust lawsuit makes its way through an Oregon court, an expert discusses why the ruling may surprise you. A ...