The multitude of court cases surrounding Kroger Co.’s efforts to acquire rival Albertsons Cos. Inc. for $24.6 billion are finally coming to a close. But there are more steps to come. STORY ...
Competition, pricing and the fate of Albertsons were key points of contention in the three court battles that unfolded over a nearly two-month period.
Two top Kroger Co. executives took the stand Monday in the Denver District Court antitrust trial seeking to block the grocer’s $24.6 billion merger with Albertsons Cos., arguing the combination ...
Last week, the merger trials for Kroger and Albertsons in the states of Colorado and Washington heard closing arguments and ...
The FTC lawsuit to block the Albertsons-Kroger merger went to trial on Monday, with the agency arguing the deal undermines competition and the companies saying it will help consumers. Kroger and ...
Given Albertsons' significant discount to Kroger's merger price, it appears highly unlikely that the deal will be completed. With the FTC's effort to ensure the merger lacks pricing power ...
Three judges in three different states are now deliberating the fate of Kroger’s proposed $25 billion takeover of rival Albertsons. Last week, two antitrust cases each seeking to kill the merger ...
Kroger, Albertsons and Harris Teeter pulled certain products on Friday in connection with BrucePac's recall of about 10 million pounds of meat and poultry products earlier in the week. The ...
Albertsons (NYSE:ACI) is likely worth $21 a share if its almost $25 billion sale to Kroger (KR) is blocked by a court after the Federal Trade Commission sued to stop the combination earlier this year.
Attorneys for the state and for the Kroger and Albertsons supermarket chains wrapped up a trial Thursday over the companies’ proposed $24.6 billion merger by disparaging each other’s expert ...
Three judges in three different states are now deliberating the fate of Kroger’s proposed $25 billion takeover of rival Albertsons. Last week, two antitrust cases each seeking to kill the merger ...