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Kroger and Albertson's Merger on Table
Kroger-Albertsons Merger Blocked By Federal Judge
U.S. District Court Judge Adrienne Nelson issued an order Tuesday granting a preliminary injunction to halt the $25 billion deal. Nelson found that the FTC and several state attorneys general were likely to prevail in their argument that the merger violates antitrust law.
Ticker: Judge halts Kroger, Albertsons merger; OpenAI releases AI video generator Sora
A federal judge has temporarily halted a proposed merger between supermarket giants Kroger and Albertsons, an action that could scuttle the deal.
Federal Judge Blocks $25 Billion Kroger-Albertsons Grocery Merger
The ruling, citing a potential loss of competition, was a victory for the Federal Trade Commission. Later, a Washington State judge blocked the deal on similar grounds.
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Federal, State Judges Block Kroger-Albertsons $25 Billion Merger
Two separate rulings on Tuesday stopped the merger of supermarket giants Kroger and Albertsons in its tracks. The decisions ...
4h
Judges block Kroger-Albertsons merger. A prolongued legal battle risks threatening investors’ patience.
A federal judge has blocked supermarket chain Kroger Co.’s merger with rival Albertsons Cos., saying it would stifle ...
3h
Kroger's $24.6 billion purchase of Albertsons halted by federal judge
Merger would curtail competition for grocery shoppers, Oregon court finds in a decision that could derail the deal.
12h
Kroger CEO McMullen gives Albertsons acquisition update, explains future plans
Kroger Co. CEO Rodney McMullen talked publicly Dec. 5 about where things stand on the supermarket giant’s planned $24.6 ...
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Federal Trade Commission
Rodney McMullen
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