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.

Tuesday comes one day after the agreement was stopped by a state court judge in Washington and a federal judge in Oregon.

Timeline:

Kroger-Albertsons merger

The owner of Fred Meyer and QFC, Kroger, has offered to pay $24.6 billion to acquire Safeway’s rival, Albertsons.

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