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Albertsons asserted that Kroger willfully breached the companies’ merger agreement by refusing to divest the necessary assets for antitrust approval, ignoring regulators’ feedback, rejecting ...
Kroger announced on Tuesday that it has filed its answer and counterclaims to the complaint brought by Albertsons in the Delaware Court of Chancery, in connection with the previous merger ...
American supermarket chain Kroger has submitted its formal response and counterclaims to the lawsuit initiated by rival chain Albertsons over their terminated merger deal. The legal action ...
Albertsons’ response to Kroger’s counterclaims comes after the grocer sued Kroger for allegedly breaching the merger contract ...
Kroger files counterclaims, accusing Albertsons of misconduct. Kroger seeks damages for failed merger and regulatory investments. Rebound or breakdown? See how Matt Maley is trading June’s ...
In its response to Kroger’s counterclaims, filed late last week, Albertsons asserts that “No Albertsons employee participated ...
Kroger Co. has filed an answer to Albertsons Cos. Inc.’s lawsuit against it regarding the companies’ failed $24.6 billion merger and made counterclaims against its former acquisition target ...
The Kroger ()-Albertsons merger was initially proposed in October 2022.The $24.6 billion merger aimed to create one of the largest grocery store chains in the U.S., combining nearly 5,000 stores ...
US grocery giant Kroger (KR) has escalated its legal battle with rival Albertsons (ACI) by filing a counterclaim aimed at recovering investments made to secure regulatory approvals for their ...
This story was originally published on Grocery Dive. To receive daily news and insights, subscribe to our free daily Grocery Dive newsletter. Albertsons continues to blame Kroger for their failed ...
Kroger Co. (NYSE:KR) filed its response and counterclaims on Tuesday in the Delaware Court of Chancery regarding the terminated merger agreement with Albertsons (NYSE:ACI). The filing alleges that ...