Albertsons sues Kroger over merger, claiming chain failed to secure deal ...Middle East

By Dee-Ann Durbin | The Associated Press 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. The move came the day after two judges halted the merger in separate court cases. U.S. District Court Judge Adrienne Nelson issued a preliminary injunction blocking the merger Tuesday after holding a three-week hearing in Portland, Oregon. An hour later, Judge Marshall Ferguson in Seattle issued a permanent injunction barring the merger in Washington after concluding it would lessen competition in the state and violate consumer-protection laws. Kroger and Albertsons in 2022 propo

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Albertsons sues Kroger over merger, claiming chain failed to secure deal ...Middle East

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