A U.S. District Judge in Oregon has blocked a $25 billion-bid by supermarket giant Kroger to take over rival Albertsons after ruling that the Federal Trade Commission's concerns about the merger's ...

Judge Adrienne Nelson of U.S. District Court in Oregon sided with the Federal Trade Commission in its lawsuit seeking to halt Kroger’s $24.6 billion acquisition of Albertsons, a rival grocery chain.

Federal, state judges block merger between Kroger and Albertsons Dec 10, 2024, 12:55 PM | Updated: 4:39 pm A Safeway store, left, can be seen on July 27, 2020 in Mill Valley, California.

Albertsons on Wednesday called off its $24.6 billion merger with Kroger, a day after a judge temporarily blocked the union, and sued the rival grocery chain for breach of contract.

Kroger and Albertsons argued the merger was needed for the businesses to compete with major retailers such as Wal-Mart and Amazon, arguing that with the merger it would only make up about 15% of ...

A federal judge has ruled against Kroger’s $25 billion takeover bid for Albertsons, granting a preliminary injunction blocking the deal, which was poised to result in 100 stores in Arizona being ...

The proposed $24.6 billion merger between supermarket giants Kroger and Albertsons floundered on Tuesday after judges overseeing two separate cases both halted the merger.

Albertsons sued Kroger after a US judge blocked the merger of the supermarket giants, claiming Kroger failed to exercise “best efforts” and take “any and all actions” to secure regulatory ...

Judge blocks Kroger and Albertsons merger. by: Nathaniel Meyersohn, CNN. Posted: Dec 10, 2024 / 03:52 PM EST / Updated: Dec 10, 2024 / 07:27 PM EST.

A U.S. district judge in Oregon has blocked a $25 billion bid by supermarket giant Kroger to take over rival Albertsons, ruling that the Federal Trade Commission's concerns about the merger's ...

CINCINNATI — A federal judge has blocked the biggest merger in Kroger’s history, saying the $24.6 billion acquisition of the Albertsons grocery chain would cause "undue market concentration ...