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CINCINNATI ( Cincinnati Business Courier) - Albertsons Cos. Inc. has levied additional accusations against Kroger Co. in a ...
Albertsons responded to the ruling by immediately ending the merger agreement and filing a lawsuit against Kroger in the Delaware Court of Chancery for “willful breach of contract and breach of ...
Albertsons’ response to Kroger’s counterclaims comes after the grocer sued Kroger for allegedly breaching the merger contract ...
By Wednesday morning, Albertsons abandoned the merger and filed a lawsuit against Kroger, alleging a willful breach of contract for not doing enough to win regulatory approval for the merger.
They await another ruling in a third lawsuit in Colorado. Kroger runs many familiar grocery stores, including Ralphs, Harris Teeter, Fred Meyer and King Soopers. Albertsons owns Safeway and Vons.
Investors largely took news of the merger’s end in stride: Kroger’s stock price was up 1.7 percent by midmorning, while Albertsons’ was down just 0.3 percent. The lawsuit comes less than 24 ...
Albertsons said it terminated the deal. Albertsons said it filed a lawsuit on Wednesday alleging Kroger failed to exercise “best efforts” and take “any and all actions” to secure ...
Albertsons announced Wednesday that it has given up its merger with Kroger and has filed a lawsuit against the grocery chain. This comes a day after the proposed merger between the supermarket ...
A new lawsuit claims grocery chain rivals Kroger and Albertsons colluded during a 2022 strike in Colorado to diminish the union’s leverage at the bargaining table, resulting in lower wages and ...
Albertsons in a lawsuit claims Kroger got cold feet and acted in its own interests rather than pursuing completion of the company's $24.6 billion merger deal. Kroger-Albertsons merger decision ...
The largest proposed merger in the history of American supermarkets came to an abrupt end this week after Albertsons terminated its $25 billion merger agreement with Kroger one day after a federal ...
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