Albertson's grocery store merger has been blocked by a federal judge, and now Albertson's is suing Kroger for a breach of contract.
Two unions, the United Food and Commercial Workers 3000 and Teamsters Local 38, represent employees at Albertsons and Kroger stores in Washington. Both groups issued statements celebrating the rulings ...
Two judges, one federal and another in Washington state, ruled on Tuesday against Kroger’s $25 billion takeover bid for ...
Two separate rulings on Tuesday stopped the merger of supermarket giants Kroger and Albertsons in its tracks. The decisions ...
In Alaska, Kroger owns 11 Fred Meyer stores, while Albertsons owns 24 Carrs or Safeway stores as well as the Crow Creek Mercantile in Girdwood. As part of the merger, the companies were prepared to ...
Kroger is buying back billions of dollars in stock, putting to use some of the capital it was planning to use to buy Albertsons.
The federal government opposed the merger, with the U.S. Federal Trade Commission suing to block it. Had the deal gone through, the new company would have cemented its position, ensuring it has the ...
One day after an injunction was filed to block the mega merger between the two grocery giants, Albertsons accused Kroger of ...
Albertsons is giving up on its merger with Kroger and it is suing the grocery chain, saying it didn’t do enough to secure regulatory approval for the $24.6 billion agreement. The move came ...
A proposed $24.6 billion merger between grocery giants Albertsons and Kroger is officially off. Here's why and how Pueblo would have been impacted.
After failed merger, Albertsons sues its former prospective partner, and workers’ unions call for a reinvestment into stores.