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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 ...
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 ...
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 ...