Judge Halts $24.6B Kroger, Albertsons Merger - globest.com

3 days ago · According to numerous outlets, a federal judge has halted the $24.6 billion merger of grocery chains Kroger and Albertsons. The Federal Trade Commission had previously argued …

CouponFollow Extension

$24
OFF

Judge Halts $24.6B Kroger, Albertsons Merger - Globest.com

2 weeks from now

3 days ago · According to numerous outlets, a federal judge has halted the $24.6 billion merger of grocery chains Kroger and Albertsons. The Federal Trade Commission had previously argued …

globest.com

$25
OFF

Federal Judge Blocks $25 Billion Kroger-Albertsons Grocery Merger

2 weeks from now

3 days ago · Judge Adrienne Nelson of U.S. District Court in Oregon sided with the Federal Trade Commission in its lawsuit seeking to halt Kroger’s $24.6 billion acquisition of Albertsons, a rival …

nytimes.com

$24
OFF

Kroger, Albertsons Long-pending $24.6B Merger Blocked By …

2 weeks from now

3 days ago · Judges in Oregon and Washington on Tuesday rejected the proposed $24.6 billion merger of grocery giants Kroger and Albertsons. U.S. District Judge Adrienne Nelson in …

yahoo.com

$25
OFF

Federal Judge Temporarily Halts Proposed $25B Kroger, Albertsons ...

2 weeks from now

3 days ago · A federal judge has temporarily halted a proposed merger between supermarket giants Kroger and Albertsons, an action that could scuttle the deal.

go.com

$24
OFF

$24.6B Kroger-Albertsons Merger Blocked By 2 Judges

2 weeks from now

A customer removes her purchases at a Kroger grocery store in Flowood, Miss., on June 26, 2019. Two judges on Tuesday blocked Kroger's proposed $24.6 billion merger with Albertsons.

law360.com

$20
OFF

$20 Billion Kroger-Albertsons Merger Blocked By Federal Judge

2 weeks from now

3 days ago · The ruling hands a victory to Biden antitrust enforcers, who said the $20 billion supermarket merger would erode competition and raise prices for consumers.

wsj.com

$25
OFF

Kroger, Albertsons $25 Bln Deal Halted Until Colorado Trial In ...

2 weeks from now

Jul 25, 2024 · The proposed $25 billion merger of Kroger and Albertsons has been halted until the Colorado District Court rules on a lawsuit filed to block the deal that is expected to push up …

reuters.com

$24
OFF

Federal Judge Halts $24.6B Kroger-Albertsons Merger - UPI

2 weeks from now

4 days ago · U.S. District Court for Oregon Judge Adrienne Nelson on Tuesday ruled a proposed $24.6 billion merger between grocery chains Kroger and Albertsons likely would harm …

upi.com

$24
OFF

Kroger, Albertsons $24.6B Merger Temporarily Blocked By …

2 weeks from now

Jul 25, 2024 · The Kroger, Albertsons merger was postponed on Thursday by a Colorado judge, who granted a preliminary injunction for a hearing in August.

supermarketnews.com

$25
OFF

Colorado Judge Temporarily Halts Kroger-Albertsons Merger

2 weeks from now

Jul 25, 2024 · A Colorado judge issued an order temporarily blocking the proposed $25 billion merger of Kroger and Albertsons, which has been challenged by the state attorney general.

seattletimes.com

$25
OFF

Washington State Judge Set To Rule In Kroger Merger With Albertsons

2 weeks from now

4 days ago · A state judge in Washington is slated to issue his ruling in the antitrust case against Kroger’s proposed $25 billion takeover of rival Albertsons.

cincinnati.com

FAQs about Judge Halts $24.6B Kroger, Albertsons Merger - globest.com Coupon?

Could a Kroger & Albertsons merger scuttle a deal?

A federal judge has temporarily halted a proposed merger between supermarket giants Kroger and Albertsons, an action that could scuttle the deal. U.S. District Court Judge Adrienne Nelson issued the ruling Tuesday after holding a three-week hearing in Portland, Oregon. ...

Will Kroger buy Albertsons?

Judge Adrienne Nelson of U.S. District Court in Oregon sided with the Federal Trade Commission in its lawsuit seeking to halt Kroger’s $24.6 billion acquisition of Albertsons, a rival grocery chain. It was a win for federal regulators who have argued that the merger would risk reducing competition at the expense of consumers and workers. ...

Will Kroger & Albertsons merger stifle competition?

Nelson agreed with arguments made by the Federal Trade Commission, which said the merger would stifle competition, cause higher grocery prices for consumers and make work conditions worse for Kroger and Albertsons workers, most of whom are unionized at both large grocery chains. ...

Why did a federal judge block a grocery store merger?

The ruling, citing a potential loss of competition, was a victory for the Federal Trade Commission. Later, a Washington State judge blocked the deal on similar grounds. The biggest grocery store merger in U.S. history was dealt a double blow on Tuesday: Within less than two hours, both a federal and a state judge moved to block the deal. ...

Why did Kroger and Albertsons divest 579 stores?

In Washington, Ferguson wrote that Kroger and Albertsons’ plan to divest 579 stores to C&S Wholesale Grocers failed to provide the adequate competition “not because it divests too few stores, but because C&S is unlikely to be able to run them in a way that restores competition.” ...

Can Kroger & Albertsons Sue Colorado?

In June, Luxen rejected a motion by the Kroger and Albertsons companies to dismiss Colorado’s lawsuit. Luxen wrote in his order issuing the preliminary junction that based on the evidence presented by the state, “the Court finds there is a reasonable probability that the State will prove its claims against Defendants at trial.” ...