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Kroger Countersues Albertsons in Wake of Failed $25B Merger

kroger-countersues-albertsons-in-wake-of-failed-$25b-merger
Retail

Kroger Countersues Albertsons in Wake of Failed $25B Merger

Kroger countersued Albertsons on Tuesday, escalating a legal battle between the companies following the collapse of their proposed $25 billion merger in December. Albertsons terminated the merger immediately after courts blocked it and sued Kroger, alleging a breach of contract that led to the deal falling apart. Albertsons asked for billions in damages along with a $600 million […]