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Albertsons, Kroger merger scrapped
Albertsons demands billions from rival Kroger after terminating merger bid
Albertsons and Kroger terminated their $25 billion merger plan on Wednesday after courts blocked the deal, with the former suing its rival and alleging a breach of contract that led to the deal's demise.
Albertsons suing Kroger 'for billions,' cancels merger after court rulings
Albertsons announced Wednesday it is pulling out of its plans to merge with Kroger, citing two court rulings on Tuesday barring the transaction.
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.
20h
Kroger's $24.6 billion purchase of Albertsons halted by federal judge
Merger would curtail competition for grocery shoppers, Oregon court finds in a decision that could derail the deal.
Marketplace
18h
Albertsons gives up on Kroger merger, sues the grocery chain for failing to secure deal
Albertsons is now saying that Kroger didn’t do enough to secure regulatory approval for the $24.6 billion merger deal.
14h
What new legal drama between Kroger-Albertsons means to their South Sound-area stores
After failed merger, Albertsons sues its former prospective partner, and workers’ unions call for a reinvestment into stores.
18h
Supreme Court allows investor lawsuit against chipmaker Nvidia
Shareholders filed a class-action lawsuit claiming they were misled by Nvidia, the microchip-making behemoth that is the world’s second-most-valuable company.
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