Albertsons said Kroger has failed to make best efforts to secure regulatory approval of the merger of the supermarket chains.
In an historic ruling for labor and antitrust advocates, a federal judge blocked the $25 billion merger of grocery giants Kroger and Albertsons.
Nelson added that the companies can still invest in lower prices if the FTC approves the merger in its administrative ... the ...
In a statement, Governor-elect Bob Ferguson, the outgoing state Attorney General and no relation to the King County judge, ...
Kroger’s stock price was up 5.1 percent by market close, while Albertsons ... said Tuesday’s decisions can only bolster its case against the merger. Kroger and Albertsons said in statements ...
Kroger also can appeal the federal court ruling. The FTC argued the merger would ... ruling became public. Albertsons stock slumped 43 cents, or 2.3%, on the day to close at $18.51.
Kroger, meanwhile, dismissed the claims as “baseless and without merit,” saying the company went to “extraordinary lengths” ...
The proposed merger between supermarket giants Kroger and Albertsons floundered on Tuesday after judges overseeing two ...
A federal judge blocked Kroger Co.'s planned $24.6 billion acquisition of Albertsons ... Kroger also can appeal the federal court ruling. The FTC argued the merger would reduce competition and ...
Albertsons warned Nelson that it might have to lay off workers, close stores and even exit some markets if the merger weren't allowed to proceed.Under the merger agreement, Kroger and Albertsons ...