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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 ...
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.
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 ...
Kroger and Albertsons tried to merge; union organizing stopped them. But the fight for grocery workers is just beginning.
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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 ...
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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