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The company has brought on a new CFO and broadened its private label offerings since the deal collapsed in December.
Cincinnati-based supermarket giant Kroger reported this month that its aborted takeover of Albertsons cost the company more than $1 billion.
lays off store clerks, a first for the 89-year-old chain According to Kroger, private equity firm Cerberus Capital Management, the biggest shareholder in Albertsons, was incentivized to push the ...
The collapsed $25 billion merger between Kroger and Albertsons, two of the largest supermarket chains in the United States, has taken a dramatic turn with lawsuits now replacing boardroom negotiations ...
Kroger and Albertsons are locked in an escalating legal dispute after their proposed $25 billion merger fell apart. Regulatory concerns over antitrust and competition led to the abrupt termination ...
To hear Albertsons ... sell off stores in locations where the two chains competed head-to-head to appease the Federal Trade Commission and state regulators. Per the merger agreement, Kroger ...