FTC Sues to Block $25 Billion Kroger-Albertsons Merger
The Federal Trade Commission sued to block Kroger's bid for rival Albertsons, throwing into uncertainty the fate of one of the largest supermarket deals in history.
FTC, states could sue over Kroger-Albertsons $24.6 bln deal next week, Bloomberg reports
The United States Federal Trade Commission and a group of states could sue as soon as next week to block grocer Kroger's proposed $24.6 billion deal to buy smaller rival Albertsons , Bloomberg News...
Colorado sues to stop $25 billion Kroger-Albertsons merger
Colorado's attorney general filed a lawsuit on Wednesday seeking to block Kroger's proposed $25 billion acquisition of rival supermarket chain Albertsons , saying consumers would be hurt, as the U....
Kroger pledges to lower prices for consumers when its planned merger with Albertsons closes
Kroger Inc. KR, +0.95% said Tuesday it will lower prices for customers when its planned merger with Albertsons Cos. Inc. ACI, +0.33% closes, noting that it has done the same with previous deals.
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The Zacks Consumer Products - Staples industry participants are battling a tough operating landscape, alongside incurring high SG&A costs. However, innovation and saving efforts have been aiding Ki...
Washington state sues to block Kroger-Albertsons merger, says deal would raise prices, limit options
Kroger and Albertsons announced plans in 2022 to merge, but the proposed deal is getting pushback from Washington state Attorney General Bob Ferguson.
Stock Chart to Watch: Kroger in Focus as Merger With Albertsons Delayed
Here is a look at a chart tied to recent news, with important technical levels to monitor.
Washington state sues to halt $25B Kroger-Albertsons merger, claiming it will raise prices
Washington state has asked a judge to block a proposed $25 billion merger between two of America's largest grocery chains, Kroger and Albertsons, claiming the new entity would harm customers and ra...
Chart to Watch: Kroger in Focus as Merger With Albertsons Delayed
Here is a look at a chart tied to recent news, with important technical levels to monitor.
Proposed Kroger, Albertsons merger will take more time to close as scrutiny continues
Supermarket chain Kroger's proposed acquisition of rival Albertsons is now expected to close in the first half of Kroger's fiscal year 2024.
Kroger, Albertsons need more time to close on $25 billion proposed merger
Grocers Kroger and Albertsons said on Monday that they plan close the proposed $24.6 billion merger in the first half of Kroger's fiscal 2024 instead of early 2024.
Albertsons Launches New Meals as Grocers Aim to Gain Share From Restaurants
Albertsons Companies is setting its sights on convenient meal occasions with the launch of ready-to-cook meals, a move that comes as grocers increasingly look to gain share of consumers' food spend...
Albertsons (ACI) Q3 Earnings Beat, Pharmacy Sales Surge
Albertsons (ACI) demonstrates a strong commitment to enhancing operational excellence in stores, expanding its digital and pharmacy operations.
Here's What Key Metrics Tell Us About Albertsons Companies, Inc. (ACI) Q3 Earnings
While the top- and bottom-line numbers for Albertsons Companies, Inc. (ACI) give a sense of how the business performed in the quarter ended November 2023, it could be worth looking at how some of i...
Albertsons' stock falls after earnings beat expectations but margins decrease
Shares of Albertsons Companies Inc. ACI, -0.22% dropped 0.7% in premarket trading Tuesday, after the grocery-store chain reported fiscal third-quarter profit and sales that exceeded expectations bu...
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