Kroger-Albertsons Merger Trial Begins
The Federal Trade Commission is suing to block what would be the biggest supermarket merger in US history. Bloomberg's Tyler Kendall has the details as the trial kick off puts a spotlight on high f...
Kroger and Albertsons Confront a Skeptical F.T.C. in federal court
The Federal Trade Commission, which is trying to block Kroger's plan to acquire Albertsons, said in court that the merger of grocery giants would also hurt workers' pay and benefits.
Kroger-Albertsons merger heads to trial
The FTC lawsuit to block the Albertsons-Kroger merger went to trial on Monday, with the agency arguing the deal undermines competition and the companies saying it will help consumers.
Kroger-Albertsons $25B merger hurts shoppers, FTC says as trial kicks off
e asking the judge to let the deal proceed, saying the tie-up is necessary to compete with multinational corporations like Walmart.
Kroger case tests FTC Chair Khan's bid to protect workers
Federal Trade Commission Chair Lina Khan's initiative to use antitrust laws to protect workers faces a key test on Monday when the agency will argue the merger between grocery chain Kroger and its ...
US FTC's bid to block Kroger-Albertsons merger heads to trial
The U.S. Federal Trade Commission will argue Kroger's $25 billion merger with rival grocer Albertsons is bad for shoppers and workers when the agency's lawsuit goes to trial in federal court in Por...
Kroger and Albertsons hope to merge but must face a skeptical U.S. government in court first
On one side are supermarket chains Kroger and Albertsons, which say their planned merger will help them compete against rivals like Costco COST. On the other side are antitrust regulators from the ...
The Kroger Co. Foundation Awards 120 Scholarships to Children of Kroger Associates
Program has granted more than $5 million in scholarship funds CINCINNATI , Aug. 21, 2024 /PRNewswire/ -- The Kroger Co. (NYSE: KR) Foundation today announced the Kroger Scholars for the 2024-2025 a...
Kroger Prices $10.5 Billion of Senior Notes
CINCINNATI , Aug. 20, 2024 /PRNewswire/ -- The Kroger Co. (NYSE:KR) ("Kroger" or the "Company") announced today that it has priced a public offering in an aggregate principal amount of $1.0 billion...
Kroger Goes To Court, Announces Bond Sale as It Tries To Close Albertsons Deal
Kroger (KR) shares declined in intraday trading Tuesday as the biggest U.S. supermarket chain launched a two-part effort to finally end its long-running battle to purchase rival Albertsons (ACI).
Kroger becomes latest company to take aim at FTC's in-house judges
Kroger Co. on Monday said it filed a court motion to halt a Federal Trade Commission administrative proceeding challenging the grocery chain's merger deal with Albertsons Cos. Inc., alleging that t...
Kroger sues FTC over in-house review of $25B grocery deal that ‘could take years'
Kroger, which agreed to acquire Alberstons. called the tribunal unconstitutional, saying the matter should be resolved in a federal court.
Kroger Files Motion to Enjoin the FTC's Administrative Merger Challenge
FTC's in-house tribunal violates Constitutional protections against federal government overreach Company remains prepared to defend merger with Albertsons in upcoming federal court trial CINCINNATI...
Wall Street skeptical as Kroger promises to slash grocery prices by $1B after Albertsons merger
The merger has faced substantial legal hurdles and comes at a time of low consumer sentiment.
Kroger Promises Product Price Cuts If Albertsons Merger Approved
Kroger has reportedly doubled the value of price cuts it has committed to making if its merger with Albertsons goes through. The grocery store operator plans to lower prices by $1 billion, a figure...
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