Colorado, Kroger
DOJ argues that Colorado lawsuit against Kroger, Albertsons merger should proceed
Kroger and Albertsons moved to dismiss the Colorado case, arguing that since the two grocers operate nationwide, the lawsuit “would undermine principles of interstate comity and federalism, impose a disproportionate remedy to the harms alleged, and implicate potential issues under the U.S. Constitution.”
Colorado gets DOJ backing in antitrust lawsuit against Kroger-Albertsons merger
The American grocery industry faces a roadblock in the proposed $24.6bn merger between Kroger and Albertsons. The US Department of Justice (DOJ) has sided with the state of Colorado in its lawsuit against the deal,
Albertsons, Kroger deal would culminate dozens of brands, years of mergers
If Cincinnati’s Kroger Co. completes its proposed deal to acquire Boise-based Albertsons, it will bring 39 different grocery store brands under one roof—at least for a moment. It would create the nation’s largest supermarket chain,
US Backs Colorado Lawsuit to Block Kroger, Albertsons Deal
The US Justice Department backed Colorado’s bid to block the merger between supermarket giants Kroger Co. and Albertsons Cos., saying federal laws don’t preclude parallel state antitrust lawsuits.
DOJ Supports Colorado's Challenge to Kroger-Albertson's Merger
The proposed $25 billion merger between grocery titans Kroger and Albertson's has encountered significant legal opposition, with the U.S. Justice Department recently announcing its support for Colorad
DOJ Back Suit to Block Kroger-Albertsons Merger
Thousands of grocery workers in region approve union contract
Keffer, 62, is one of about 6,200 employees of both Albertsons-owned and Kroger-owned grocery stores who ratified agreements ...
bovnews2d
Why Albertsons Companies Inc (NYSE:ACI) Stock went up 1.27% in Last Year?
ROTH MKM raised the price target for the Albertsons Companies Inc (NYSE:ACI) stock from “a Neutral” to “a Buy”. The rating was released on April 23, 2024, according to finviz. We previously noted in ...
Crain's Cleveland Business3d
What’s next after the FTC said the biggest grocers were inflating food costs?
The Federal Trade Commission in March released a report saying that the three largest grocers “accelerated and distorted” ...
10 Best New Deals at Albertsons That Are Worth Every Penny
When it comes time to shop for groceries, many Americans turn to Albertsons, a trusted retailer for over 84 years. You can ...
Salon20d
Kroger, Albertsons announce plans to sell hundreds more stores to gain merger approval
Kroger was dealt a big blow in February when, 16 months after the company first announced plans to acquire its competitor Albertsons, the Federal Trade Commission and eight states sued to block ...
The Washington Post21d
Albertsons, Kroger will sell more stores to pacify regulators
A customer leaves an Albertsons grocery store in 2022. Kroger and Albertsons will sell an additional 166 stores in an effort to appease regulators. (Aude Guerrucci/Reuters) Kroger and Albertsons ...
Kroger: Albertsons Merger Creates Highly Skewed Return Potential (Technical Analysis)
The Kroger Co. surged past $50 resistance level and may break $60, with the impending Albertsons merger adding to its positive outlook. Click here for our KR update.
AZ Central21d
Kroger backtracks: It now plans to sell most Albertsons stores in Arizona in $25B merger
Kroger Co., which operates Fry's Food Stores in Arizona, said it now intends to unload most Albertsons and Safeway stores in the state if it receives regulatory approval to proceed with its ...
Supermarket News6d
Spokane Kroger, Albertsons workers ratify contract
Grocery workers in Eastern Washington state have ratified a new, three-year contract that includes wage increases and other benefit improvements, and no increases to health care premiums or ...
Albertsons upped to buy at Roth MKM on improved Kroger deal likelihood
Albertons' chances of sale to Kroger may increase as a new divestiture package is announced, affecting the viability of buyer ...