Why The Kroger-Albertsons Merger Was Blocked
In an historic ruling for labor and antitrust advocates, a federal judge blocked the $25 billion merger of grocery giants Kroger and Albertsons.
How the grocery mega-merger between Kroger and Albertsons fell apart
A version of this article originally appeared in Quartz’s members-only Weekend Brief newsletter. Quartz members get access to ...
Proposed Merger of Supermarket Giants Kroger and Albertsons Is Halted by Federal, State Judges
The proposed $24.6 billion merger between supermarket giants Kroger and Albertsons floundered on Tuesday after judges ...
The Business Journals26d
Kroger-Albertsons merger decision handed down in federal court
The FTC sued in February to halt on antitrust grounds downtown Cincinnati-based Kroger’s (NYSE: KR) plans to buy Boise, Idaho-based rival Albertsons (NYSE: ACI) in a deal involving the nation ...
Business Insider26d
Kroger's $25 billion acquisition of Albertsons was blocked, marking a win for the FTC
In its efforts to block the acquisition the FTC said the deal would reduce competition as well as lead to higher prices for US grocery shoppers and lower wages for workers. "Kroger and Albertsons ...
Earnings week ahead: TLRY, WBA, DAL, STZ, CALM and more
The upcoming week marks the start of earnings season, with several major companies set to report their quarterly financial ...
WBAL-TV26d
Proposed merger of Kroger and Albertsons is halted by federal, state judges
The companies say a merger would help them better compete with big retailers like Walmart, Costco and Amazon.The case may now move to the FTC, although Kroger and Albertsons have asked a different ...
Orange County Register26d
Albertsons’ $24.6 billion merger with Kroger blocked by judge
Albertsons slumped as much as 10%. Specific Market Nelson agreed with the FTC that supermarkets constitute a specific market, countering the companies’ argument that the market extends to online ...