Under the merger agreement, Kroger and Albertsons — who compete in 22 states including Arizona — agreed to sell 579 stores in places ... Shares of Albertsons rose more than 2% at the opening ...
What’s next for Kroger following its failed bid to buy Albertsons? Will the divorce affect Rodney McMullen’s future? Will the ...
The failure of the Kroger-Albertsons merger exposed serious problems at QFC, a leader in Seattle's grocery industry before it ...
Albertsons called off its proposed sale to Kroger and sued the rival grocer ... the companies proposed to sell 579 stores under assorted banners to pass antitrust muster. The buyer would have ...
A version of this article originally appeared in Quartz’s members-only Weekend Brief newsletter. Quartz members get access to ...
Kroger and Albertsons said they needed to consolidate to better compete with Walmart, No. 1 in the country for grocery sales, ...
In parallel, same-day rulings, a federal and state court blocked The Kroger Company’s $24.6 billion proposed acquisition of the Albertsons ...
Albertsons sues Kroger for sabotaging their merger, claiming "buyer's remorse" as the Boise-based company now faces potential ...
More than two years later ... Grocers acceptable to regulators. expand Kroger, in its quest to buy Albertsons, had offered to sell 579 stores to C&S Wholesale Grocers to quash antitrust concerns.
Antitrust enforcers have successfully blocked the merger of Kroger and Albertsons, a deal that would have brought the two ...
in Albertsons' telling, could have been cleared by the FTC if Kroger had proposed a reasonable portfolio of stores to sell off and a more appropriate purchaser for the divested stores. My point is ...
Kroger’s $ ... was Kroger’s and Albertsons’ proposal to preserve competition in markets where their stores overlapped, experts said. The grocers said they would sell off 579 stores for ...