Kroger and Albertsons saw their $24.6 billion merger blocked on Tuesday by judges in two separate cases, one brought by federal regulators and the other by the Washington state attorney general.
Kroger and Albertsons saw their $24.6 billion merger blocked on Tuesday by judges in two separate cases, one brought by federal regulators and the other by the Washington state attorney general.
It was bad enough when Safeway and Albertson’s merged. There were major shenanigans afoot when that happened.
In order to get approval for THAT deal, Albertson’s had agreed to sell off some stores to Haggen.
https://www.tucsonsentinel.com/local/report/090115_haggen/haggen-sues-albertsons-1-billion-over-grocery-deal/
That resulted in a $1B lawsuit.