Kroger’s $25 billion proposed takeover of rival Albertsons ultimately failed because two judges – one federal and the other from the state of Washington – didn’t buy the competitive vision ...

Ferozan has over 20 years of experience writing and editing in the health and wellness sphere. She has worked as a ...

The grocery industry is reeling this week from the collapse of the proposed $25 billion merger of the nation’s second- and third- largest supermarkets, Kroger and Albertsons, and the fallout is ...

Within a day of their $25 billion merger’s falling apart in court, Kroger and Albertsons were each planning to move forward with share repurchases to boost their stock prices and reward investors.

Lawyers for Albertsons and Kroger will likely meet in the courtroom again — but unlike the recent federal trial in Oregon, they’ll be on opposing sides. The day after judges in Oregon and ...

Kroger ends Albertsons merger after a U.S. District Court injunction citing antitrust concerns. Kroger initiates $7.5B buyback, focuses on growth investments. U.S. District Judge Adrienne Nelson ...

One multi-billion merger partner bailed out after two court rulings went against the long-pending Kroger-Albertsons merger. Albertsons has gone from being a merger partner with Kroger to seeking ...

A pending ruling from a Colorado state court over the legality of Kroger and Albertsons’ plan to merge might no longer be necessary, but the state’s attorney general still wants a judge to hold the ...

Kroger Company (NYSE:KR) shares are trading higher premarket on Thursday. The company disclosed the termination of its merger agreement with Albertsons Companies, Inc. (NYSE:ACI) following a ...

Albertsons, the parent company of Shaw's and Star Market, has withdrawn from its proposed merger with Kroger. The decision comes after two judges blocked the $25 billion deal on antitrust grounds.

Albertsons on Wednesday called off its $24.6 billion merger with Kroger, a day after a judge temporarily blocked the union, and sued the rival grocery chain for breach of contract. "Given the ...

Grocery chain Albertsons called off its $25 billion merger with Kroger Wednesday, a day after a federal judge blocked the deal. The merger, announced in 2022, sought to combine the fifth and tenth ...