“Kroger’s conduct created frustration and distrust among regulators … and ultimately caused an unprecedented litigation onslaught,” Albertsons claims in a newly unsealed lawsuit.

grocerydive.com

Albertsons says Kroger had ‘buyer’s remorse’

Antitrust experts say a few core issues prompted the judges to say no the merger, ultimately dooming the deal.

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Here's why the Kroger merger with Albertsons was killed

The Kroger Company and Albertsons Companies this week terminated the proposed $24.6 billion merger agreement that was initially announced more than two years ago, after a federal judge sided with the Federal Trade Commission suing to block the deal and Washington and Oregon state courts put permanent injunctions in place to halt the transaction.

RetailWit

Kroger, Albertsons Terminate Megamerger Agreement – RetailWit

Earlier this month, the $25 billion merger between Albertsons and Kroger (announced in October 2022) was blocked by two judges. With the merger now terminated, we examine the implications of its collapse across the US grocery and CPG (consumer packaged goods) sectors.The post The Collapse of the Kroger-Albertsons Merger: Implications for the US Grocery and CPG Markets appeared first on Coresight Research.

Coresight Research

The Collapse of the Kroger-Albertsons Merger: Implications for the US Grocery and CPG Markets

The company alleges that Kroger undermined the $25B merger influenced by a downturn in market reaction and declining profits post-pandemic.  The post Albertsons accuses Kroger of “buyer’s remorse” in official lawsuit appeared first on FreshFruitPortal.com. Keep reading

FreshFruitPortal.com

Albertsons accuses Kroger of “buyer’s remorse” in official lawsuit

The most impactful stories in the grocery industry for the week ending Dec. 13

supermarketnews.com

5 things top news: Albertsons, Kroger now at war

The exterior of Kroger's fulfillment center is shown on July 27, 2022 in Dallas, Texas.(Rebecca Slezak / The Dallas Morning News via AP) King County Judge Marshall Ferguson speaks during a King County Superior Court hearing, Tuesday, Nov. 26, 2019, in Seattle.(Ted S. Warren / AP Photo) Judge Adrienne Nelson on Wednesday, Oct. 12, 2022, on Capitol Hill in Washington.(Mariam Zuhaib / AP Photo) The entrance to an Albertson's grocery store is shown …

omahadailyrecord.com

What’s Next For Albertsons After Calling Off Its $25B Grocery Merger With Kroger: More Lawsuits

Albertsons says grocery shoppers are the ones who are ultimately hurt by its failed merger with Kroger. But it’s Albertsons, not grocery shoppers, now seeking billions of dollars in damages – and putting the blame for the aborted deal squarely on Kroger. In a newly-unsealed lawsuit that Albertsons filed under seal last week, the jilted partner accuses Kroger of “suffering a classic case of buyer’s remorse” soon after agreeing to their proposed $…

Albertsons says Kroger had ‘buyer’s remorse’

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