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Albertsons
  The Wall Street Journal     1 month ago
Albertsons Sues Kroger, Terminates Merger After Judge Blocks Supermarket Megadeal
Albertsons lawsuit said the rival grocery company failed to exercise its best efforts to win regulatory approval for the $20 billion deal.
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Albertsons
  Salon     1 month ago
"Willful Breach": Albertsons Hits Kroger With Massive Lawsuit As Merger Sours
Albertsons has accused Kroger of sabotaging their $25 billion deal
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  Boston Herald     1 month ago
Ticker: Supreme Court Allows Class-action Against Nvidia; Kroger, Albertsons Deal Ends In Lawsuit
The Supreme Court is allowing a class-action lawsuit that accuses Nvidia of misleading investors about its past dependence on selling computer chips for the mining of volatile cryptocurrency to proceed.
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Albertsons
  The Economist     1 month ago
Why Judges Were Wrong To Block The Kroger-Albertsons Merger
Antitrust concerns rest on an outdated idea of how Americans shop
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Albertsons
  New York Post     1 month ago
Albertsons Sues Kroger, Terminates Deal After Federal Judge Blocks Massive Grocery Merger
Albertsons terminated the merger and blamed Kroger for breaching the terms of its agreement.
https://nypost.com/2024/12/11/business/albertsons-...
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  Kennebec Journal     1 month ago
Albertsons Gives Up On Merger, Sues Kroger For Failing To Secure Deal
Albertsons owner of 19 Shaw's supermarkets in Maine said a merger with Kroger would help them better compete with big retailers like Walmart, Costco and Amazon.
https://www.centralmaine.com/2024/12/11/albertsons...
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Albertsons
  Fortune     1 month ago
Albertsons Gives Up On $24.6 Billion Kroger Merger And Instead Sues The Chain For Not Doing Enough To Get Deal Approved
The move came the day aftertwo judges halted the mergerin separate court cases.
https://fortune.com/2024/12/11/albertsons-24-billi...
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Albertsons
  Fortune     1 month ago
Merger Meltdown: Albertsons Sues Kroger Over $24.6 Billion Deal Gone Sour
The move came the day aftertwo judges halted the mergerin separate court cases.
https://fortune.com/2024/12/11/albertsons-24-billi...
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Albertsons
  New York Daily News     1 month ago
Albertsons Gives Up On Kroger Merger And Sues The Grocery Chain For Failing To Secure Deal
Albertsons said that Kroger failed to exercise best efforts
https://www.nydailynews.com/2024/12/11/albertsons-...
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Albertsons
  Daily Breeze     1 month ago
Albertsons Sues Kroger Over Merger, Claiming Chain Failed To Secure Deal
On Wednesday, Albertsons said Kroger failed to take any and all actions to secure regulatory approval.
https://www.dailybreeze.com/2024/12/11/albertsons-...
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Albertsons
  The Blaze     1 month ago
Grocery Giant To Close San Francisco Store Over Persistent Theft, Safety Concerns Under Leftist Mayors Leadership
Safeway, a grocery chain under Albertsons Companies, reportedly sent a letter on Tuesday to San Francisco Mayor London Breed (D), notifying her of the comp...
https://www.theblaze.com/news/grocery-giant-to-clo...
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Albertsons
  Los Angeles Times     1 month ago
After Court Loss, Albertsons Backs Out Of Merger With Kroger, Sues Grocery Chain
Albertsons says it is giving up on joining forces with Kroger and has filed a lawsuit, accusing the chain of failing to do enough to win government approval for the deal.
https://www.latimes.com/business/story/2024-12-11/...
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Albertsons
  The Hill     1 month ago
Albertsons Abandons Merger And Sues Kroger
Albertsons said Wednesday that it has terminated a $25 billion merger agreement with Kroger and will sue the grocery giant, alleging the company didnt do enough to get the deal done. Judges in Washington and Oregon on Tuesday blocked the deal, delivering a win to federal regulators and consumer advocates who argued the merger could harm...
https://thehill.com/homenews/5034389-albertsons-kr...
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Albertsons
  CBS News     1 month ago
Albertsons Calls Off Kroger Merger, Sues For Breach Of Contract
Albertsons said it is calling off its merger with Kroger and is suing the rival grocery chain for breach of contract.
https://www.cbsnews.com/news/albertsons-calls-off-...
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Albertsons
  NTD     1 month ago
Albertsons Says It Is Ending Merger Agreement With Kroger
Albertsons said on Dec. 11 it is ending its merger agreement with Kroger. Albertsons said that Kroger breached the agreement the companies had reached, including by not cooperating with Albertsons. Rather than fulfill its contractual obligations to ensure that the merger succeeded, Kroger acted in its own financial self-interest, repeatedly providing insufficient divestiture proposals that [...
https://www.ntd.com/albertsons-says-it-is-ending-m...
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Albertsons
  Fortune     1 month ago
Kroger-Albertsons Supermarket Mega-merger Is Halted By Federal And State Judges In Win For FTC
Federal regulators argued that combining the two chains would bebad for consumers and workersby eliminating competition.
https://fortune.com/2024/12/11/kroger-albertsons-s...
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Albertsons
  Just The News     1 month ago
Albertsons Sues Kroger After Judge Blocks Merger
Albertsons sued Kroger for allegedly breaching its contract agreement. The company argued that Kroger did not take any and all actions to get the merger approved.
https://justthenews.com/government/courts-law/albe...
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Albertsons
  Daily Caller     1 month ago
Federal, State Judges Block Kroger-Albertsons $25 Billion Merger
The preliminary injunction seeks to preserve the status quo
https://dailycaller.com/2024/12/10/judges-blocks-k...
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Albertsons
  United Press International     1 month ago
Federal Judge Halts $24.6B Kroger-Albertsons Merger
U.S. District Court for Oregon Judge Adrienne Nelson on Tuesday ruled a proposed $24.6 billion merger between grocery chains Kroger and Albertsons likely would harm consumers and halted it.
https://www.upi.com/Top_News/US/2024/12/10/kroger-...
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Albertsons
  The Hill     1 month ago
Kroger-Albertsons On Ice
Welcome to The Hill's Business & Economy newsletter {beacon} Business & Economy Business & Economy The Big Story Judge blocks Kroger-Albertsons merger A federal judge on Tuesday blocked the proposed merger of grocery giants Kroger and Albertsons, ruling that the $25 billion deal would limit competition and harm consumers. Ed Pevos/Ann Arbor News...
https://thehill.com/newsletters/business-economy/5...
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Albertsons
  CBS News     1 month ago
Kroger $24.6 Billion Purchase Of Albertsons Halted By Federal Judge
Merger would curtail competition for grocery shoppers, Oregon court finds in a decision that likely derails the deal.
https://www.cbsnews.com/news/krogers-albertsons-me...
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