Albertsons sues Kroger, breaks off proposed merger

Albertsons abandoned its planned $24.6 billion sale to Kroger after being blocked by federal and state judges, and it filed a lawsuit against its potential merger partner.

The news was made one day after the agreement was stopped by a state court judge in Washington and a federal judge in Oregon.

Note: Every piece of content is rigorously reviewed by our team of experienced writers and editors to ensure its accuracy. Our writers use credible sources and adhere to strict fact-checking protocols to verify all claims and data before publication. If an error is identified, we promptly correct it and strive for transparency in all updates, feel free to reach out to us via email. We appreciate your trust and support!

See also  Lethargic Trail Blazers blown out by last-place Jazz: ‘That was ugly all the way around’

Leave a Reply

Your email address will not be published. Required fields are marked *