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Articles Curated in the Last 30 Days.
"Willful Breach": Albertsons Hits Kroger With Massive Lawsuit As Merger Sours
Albertsons has accused Kroger of sabotaging their $25 billion deal
https://www.salon.com/2024/12/12/willful-breach-al...
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.
https://www.bostonherald.com/2024/12/11/ticker-sup...
Why Judges Were Wrong To Block The Kroger-Albertsons Merger
Antitrust concerns rest on an outdated idea of how Americans shop
https://www.economist.com/business/2024/12/11/why-...
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-...
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...
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...
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...
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-...
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-...
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...
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.
https://www.wsj.com/articles/albertsons-says-it-is-terminating-merger-agreement-...
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/...
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...
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-...
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...
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...
