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Kroger countersues Albertsons in feud over failed $25B mergerThis article originally appeared on Cincinnati Enquirer: Kroger countersues Albertsons in feud over failed $25B merger ...
Kroger Co. has filed an answer to Albertsons Cos. Inc.’s lawsuit against it regarding the companies’ failed $24.6 billion merger and made counterclaims against its former acquisition target ...
In December, Albertsons asked for billions of dollars in damages along with a $600 million termination fee. Kroger had called the claims baseless. "As a result of its misconduct, Albertsons is not ...
Albertsons and Kroger spent over two years and more than $850 million on an unsuccessful effort to merge. The two supermarket giants are now spending additional money fighting over the fallout.
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The second-largest supermarket chain in the U.S., Albertsons Companies, said the chain won't accept price hikes to account ...
Try buying a major supermarket chain. Cincinnati-based supermarket giant Kroger reported this month that its aborted takeover of Albertsons cost the company more than $1 billion, according to a ...
Cincinnati-based Kroger Tuesday filed a countersuit against Albertsons, the latest legal fallout from a failed merger between the two grocery giants. Albertsons filed suit against Kroger after the $24 ...
(Reuters) -U.S. grocery chain Kroger countersued Albertsons on Tuesday, escalating a legal battle between the companies following the collapse of their proposed $25 billion merger in December.
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