C&S sues Kroger over $125M termination fee

C&S sues Kroger over $125M termination fee

The wholesaler alleges that the grocer has declined to pay it the agreed-upon fee related to the failure of the Kroger-Albertsons merger.

C&S Wholesale Grocers sues Kroger  - Produce Blue Book

C&S Wholesale Grocers BB #:137315 is suing Kroger BB #:100073 for refusing to pay a $125 million termination fee after the Kroger-Albertsons merger deal fell through.  “Kroger failed to identify any reason for its refusal to pay the termination fee it owed C&S — because there is none,” C&S said in its suit filed in Delaware state court, according to the Wall Street Journal. A Kroger spokesperson told WSJ the lawsuit was baseless and C&S had forf…

C&S Wholesale Grocers sues Kroger over failed Albertsons merger deal

In the lawsuit, C&S claims Kroger didn't pay the $125 million termination fee in the event the merger deal with Albertsons was cancelled, per a WSJ report.

C&S suing Kroger over failed Albertsons merger deal

C&S Wholesale Grocers is citing the retailer’s failure to pay a promised $125 million termination fee, according to a report