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Cincinnati-based supermarket giant Kroger reported this month that its aborted takeover of Albertsons cost the company more than $1 billion.
Albertsons filed a lawsuit in Delaware, claiming Kroger failed to meet its obligations under the merger agreement. According to Albertsons, Kroger refused to divest the assets necessary to gain ...
lays off store clerks, a first for the 89-year-old chain According to Kroger, private equity firm Cerberus Capital Management, the biggest shareholder in Albertsons, was incentivized to push the ...
Kroger filed a countersuit Tuesday against Albertsons over the bitter end to its planned acquisition of the Boise-based grocery chain. Albertsons had called off its $24.6 billion proposed sale and ...
Kroger is denying Albertsons’ claims that it didn’t do enough to ensure regulatory approval of the companies’ planned supermarket merger. In court papers filed Tuesday in the Delaware Court ...
Kroger is denying Albertsons’ claims that it didn’t do enough to ensure regulatory approval of the companies’ planned supermarket merger. In court papers filed Tuesday in the Delaware Court ...