A spokesperson for Kroger, which announced plans to purchase Albertsons in 2022 for $24.6 billion, said the merger would “bring lower prices to more customers,” allowing them “to better ...

Albertsons stock dropped 1.5% to $18.23 as of Wednesday’s close, while Kroger stock gained 1% to $61.33. What Does It Mean for Kroger Stock? Kroger paused share buybacks in October 2022, aiming ...

Kroger and Albertsons expected the merger to close early this year, but said in a Jan. 15 news release that they now anticipate the closing to happen in the first half of the 2024 fiscal year ...

Prominent retail executive Duncan MacNaughton was appointed chairman and CEO of Family Dollar back in May, while Jason Nordin ...

The FTC can agree with Kroger and let the merger proceed, ask Kroger to go back to meet additional requirements or ask a federal court to block the $24.6 billion deal. By Maria Halkias Staff writer ...

In a mega-deal that could create a grocery behemoth, Kroger announced Friday plans to acquire rival Albertsons.. The $24.6 billion deal, if approved by regulators, would unite two of the country ...

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.

Kroger-Albertsons merger case hinges on this, expert says Judge to decide fate of $24.6B Kroger-Albertsons deal Closing arguments set in Kroger-FTC merger trial.

Kroger and Albertsons first announced their proposed merger in 2022. The Federal Trade Commission has been reviewing the proposal for more than a year now. It’s expected to make a decision soon.

Kroger will face off with regulators beginning Monday in U.S. District Court in Portland, Oregon for a critical legal hearing in its proposed $25 billion takeover of Albertsons. Regulators with ...