Judges Block Kroger/Albertsons Merger; Albertsons Sues Kroger
Dear Client: The proposed $24.6 billion merger between Kroger and Albertsons has been dealt multiple blows. Yesterday, two judges ruled to block the merger, and today Albertsons announced it has terminated the merger agreement and filed suit against Kroger for breach of contract. THE FEDERAL CASE. You’ll recall, earlier this year the Federal Trade … Continue reading “Judges Block Kroger/Albertsons Merger; Albertsons Sues Kroger”
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