The proposed merger between Kroger Co. and Albertsons Cos. is on hold until an antitrust lawsuit from Colorado Attorney General Phil Weiser to permanently block the deal is resolved. Denver District Judge Andrew J. Luxen issued a preliminary injunction Thursday morning — which all sides agreed to — that prevents the $24.6 billion merger from closing until five days after Weiser’s lawsuit is addressed.

BING NEWS:
  • The CEOs of Kroger and Albertsons defend plans for supermarket merger in court
    The Federal Trade Commission alleges that the $24.6 billion merger would eliminate competition and raise grocery prices for consumers.
    09/5/2024 - 2:00 am | View Link
  • Kroger CEO defends potential Albertsons merger in court testimony
    The chief executive officer of Kroger insisted Wednesday that merging with rival Albertsons would allow the two supermarket companies to lower prices and more effectively compete with retail giants ...
    09/4/2024 - 10:15 am | View Link
  • The CEOs of Kroger and Albertsons are in court to defend plans for a huge supermarket merger
    The chief executives of Kroger and Albertsons are set to testify in federal court about their companies' proposed merger.
    09/4/2024 - 6:23 am | View Link
  • Daily Briefing: Your grocery store in court
    After nearly two years of fierce debate, review and litigation, the proposed Kroger-Albertsons ... merger and have asked a federal judge to grant a preliminary injunction to block the deal. The ...
    08/27/2024 - 12:22 am | View Link
  • Kroger and Albertsons defend merger plan as federal court hearings begin
    An attorney for supermarket chain Albertsons told ... be the largest supermarket merger in United States history two years ago but the proposal was quickly put on hold.The Federal Trade Commission ...
    08/26/2024 - 12:17 pm | View Link
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