Albertsons announced Wednesday it is pulling out of its plans to merge with Cincinnati-based Kroger, citing two court rulings on Tuesday barring the transaction. Also, it disclosed it's suing ...

NEW YORK, Dec 11 (Reuters) - Kroger (KR.N), opens new tab and Albertsons (ACI.N), opens new tab could turn to fast-growing and profitable advertising ventures to tackle competition and grow after ...

Kroger’s $25 billion proposed takeover of rival Albertsons ultimately failed because two judges – one federal and the other from the state of Washington – didn’t buy the competitive vision ...

One multi-billion merger partner bailed out after two court rulings went against the long-pending Kroger-Albertsons merger. Albertsons has gone from being a merger partner with Kroger to seeking ...

The merger between grocery store giants Kroger and Albertsons was halted by Judge Adrienne Nelson of the U.S. District Court for the District of Oregon on Tuesday. Albertsons promptly sued Kroger ...

(Reuters) -Albertsons and Kroger terminated their $25 billion merger plan on Wednesday after courts blocked the deal, with the former suing its rival and alleging a breach of contract that led to ...

Kroger ends Albertsons merger after a U.S. District Court injunction citing antitrust concerns. Kroger initiates $7.5B buyback, focuses on growth investments. U.S. District Judge Adrienne Nelson ...

Kroger breached its merger agreement with Albertsons when it failed to put together a divestiture package that appeased regulators, Albertsons alleges in a newly unsealed lawsuit. The nation’s ...

Within a day of their $25 billion merger’s falling apart in court, Kroger and Albertsons were each planning to move forward with share repurchases to boost their stock prices and reward investors.

Albertsons is giving up on its merger with Kroger and it is suing the grocery chain, saying it didn’t do enough to secure regulatory approval for the $24.6 billion agreement. The move came the ...