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In an historic ruling for labor and antitrust advocates, a federal judge blocked the $25 billion merger of grocery giants ...
Grocery chain Albertsons called off its $25 billion blockbuster merger with Kroger Wednesday after a federal judge halted the ...
Under the merger agreement, Kroger and Albertsons — who compete in 22 states — agreed to sell 579 stores in places where ...
Matt Levine is a Bloomberg Opinion columnist. A former investment banker at Goldman Sachs, he was a mergers and acquisitions ...
Kroger and Albertsons could turn to fast-growing and profitable advertising ventures to tackle competition and grow after a ...
Antitrust experts say a few core issues prompted the judges to say no the merger, ultimately dooming the deal.
The companies’ failed merger is a stark reminder of the risks food retailers face as they position themselves in a rapidly ...
The ruling, citing a potential loss of competition, was a victory for the Federal Trade Commission. Later, a Washington State ...
The lawsuit over a deal to combine the two largest U.S. supermarkets came just a day after it was blocked in both federal and Washington state courts.
Kroger’s conduct created frustration and distrust among regulators … and ultimately caused an unprecedented litigation onslaught,” Albertsons claims in a newly unsealed lawsuit.