Comment on Albertsons gives up on Kroger merger and sues the grocery chain for failing to secure deal

Albertsons gives up on Kroger merger and sues the grocery chain for failing to secure deal

By DEE-ANN DURBIN 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 day after two judges halted the merger in separate court cases. U.S. District Court Judge Adrienne Nelson issued a preliminary injunction blocking the merger Tuesday after holding a three-week hearing in Portland, Ore.

 

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