Albertson's grocery store merger has been blocked by a federal judge, and now Albertson's is suing Kroger for a breach of contract.
Thwarted by federal and state judges, Albertsons gave up on its proposed $24.6 billion sale to Kroger and sued its would-be ...
Albertsons, in its own announcement terminating the agreement on Wednesday, also said it had authorized a $2 billion stock buyback and hiked its quarterly cash dividend by 25%. The chain's biggest ...
Two separate rulings on Tuesday stopped the merger of supermarket giants Kroger and Albertsons in its tracks. The decisions ...
Don’t expect this administration to take the side of consumers when they come in conflict with corporate interests.
Kroger is buying back billions of dollars in stock, putting to use some of the capital it was planning to use to buy Albertsons. What effect might this have on California?
The merger would have been the largest supermarket merger in U.S. history, but instead was terminated after a court blocked it on Tuesday.
While there’s a lot of moving parts in the D-FW market, the collapse of the closely watched tie-up between Kroger and ...
Turning two big supermarket companies into one even larger one could have harmed consumers and workers, the government said during its successful litigation.
President-elect Donald Trump has picked Republican lawyer Andrew Ferguson as his nominee for the next chair of the FTC. He ...