Albertsons Sues Kroger After Judge Rules Against Grocery Merger
Albertsons Sues Kroger After Judge Rules Against Grocery Merger
Albertsons on Wednesday formally terminated its proposed $25 billion merger with Kroger and filed a lawsuit against its supermarket competitor, saying Kroger violated its contract and didn’t follow through on commitments to help get the deal approved. It comes a day after a judge blocked the planned merger. In a news release, Albertsons said Kroger broke […]