Under the merger agreement, Kroger and Albertsons would sell 579 stores in places where their locations overlap to C&S Wholesale Grocers, a New Hampshire-based supplier to independent supermarkets ...
Walmart controls around 22%. Under the merger agreement, Kroger and Albertsons - who compete in 22 states - agreed to sell 579 stores in places where their locations overlap to C&S Wholesale ...
Kroger’s $25 billion proposed takeover of rival Albertsons ultimately failed because ... to preserve competition in markets ...
Albertsons sued Kroger after a US judge blocked the ... and argued that their plan to sell 579 of their stores to C&S Wholesale Grocers for $2.9 billion would not be enough to preserve competition.
The judge separately weighed the plan by Kroger and Albertsons to sell hundreds of their stores to a firm called C&S Wholesale Grocers as a condition of their merger, meant to appease regulators.
In efforts to calm these concerns, Kroger released a plan to divest in 579 stores nationwide, including selling 101 Safeway and Albertsons stores in Arizona to East Coast chain C&S Wholesale Grocers.