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Kroger launches $7.5B stock buyback
Kroger Stock Rises on Resumed Buybacks After Collapse of Albertsons Merger
Key Takeaways Kroger shares rose Thursday morning after the retailer said it is abandoning the Albertsons merger and restarting stock buybacks.The grocery chain said after the bell Wednesday that it will begin a new $7.
The Kroger-Albertsons Merger Is Off. Where the Stocks Might Go From Here.
Albertsons said Kroger has failed to make best efforts to secure regulatory approval of the deal, a claim the latter called “baseless.”
Kroger CEO moves on from Albertsons merger, launches $7.5B share buyback
Kroger is buying back billions of dollars in stock, putting to use some of the capital it was planning to use in a megadeal.
Albertsons Backs Out of Merger Deal and Sues Kroger After Court Rulings
The supermarket chain had tried to join forces with Kroger, but judges sided with federal and state regulators who charged that the merger would reduce competition.
Albertsons sues Kroger after judge rules against grocery merger
For the two grocery rivals, which had been on track to marry their numerous supermarket banners, the lawsuit amounts to a corporate divorce battle.
Albertsons Sues Kroger After Judge Blocks $25 Billion Merger
A federal judge blocked the deal and sided with the Federal Trade Commission, which raised antitrust concerns over the merger.
Albertsons sues Kroger, breaks off proposed merger
Thwarted by federal and state judges, Albertsons gave up on its proposed $24.6 billion sale to Kroger and sued its would-be merger partner.
Kroger announces new $7.5B share repurchase program
Now that Kroger (KR) has terminated the merger agreement, the company is ready to deploy its capacity. With its strengthened balance sheet,
Kroger CEO responds to Albertsons merger, launches $7.5B share buyback
Kroger is buying back billions of dollars in stock, putting to use some of the capital it was planning to use to buy Albertsons.
Kroger launches $7.5B stock buyback after merger with Albertsons gets terminated
Kroger (NYSE:KR) on Wednesday announced a $7.5B stock buyback in the wake of its terminated merger with Albertsons (NYSE:ACI). The new buyback plan replaces the company's existing $1 billion authorization,
2h
The great grocery merger is dead. Can Albertsons, QFC and others survive?
The collapse of the Kroger-Albertsons merger Wednesday was greeted in the Seattle area with sighs of relief and lots of ...
18h
Albertsons gives up on Kroger merger, sues grocery chain for failing to secure deal
Albertsons is giving up on its merger with Kroger a day after it was rejected in two courts and it is suing the grocery chain ...
38m
Star Market parent Albertsons sues Kroger, breaks off proposed merger
The lawsuit filed Wednesday comes a day after a federal judge in Oregon and a state court judge in Washington blocked the ...
Santa Rosa Press Democrat
3h
Albertsons sues Kroger for failing to win approval of their proposed supermarket merger
Albertsons is giving up on its merger with Kroger a day after it was rejected in two courts, and it is suing the grocery ...
18h
Albertsons gives up on Kroger merger and sues the grocery chain for failing to secure deal
By DEE-ANN DURBIN Albertsons is giving up on its merger with Kroger and it is suing the grocery chain, saying it didn’t do ...
11h
Busted Kroger-Albertsons merger means no Piggly Wiggly stores for New Mexico -- at least for now
Greg Frazier said he and other members of United Food and Commercial Workers Local 1564 were "feeling good" after the Kroger ...
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