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Ticker: Judge halts Kroger, Albertsons merger
Kroger-Albertsons Merger Blocked By Federal Judge
U.S. District Court Judge Adrienne Nelson issued an order Tuesday granting a preliminary injunction to halt the $25 billion deal. Nelson found that the FTC and several state attorneys general were likely to prevail in their argument that the merger violates antitrust law.
Kroger's $25 billion acquisition of Albertsons was blocked, marking a win for the FTC
Kroger's $24.6 billion acquisition of Albertsons was blocked by a federal judge. Lawyers for the companies previously said this would sink the deal.
Kroger's $24.6 billion purchase of Albertsons halted by federal judge
Merger would curtail competition for grocery shoppers, Oregon court finds in a decision that could derail the deal.
IJR
1h
Federal, State Judges Block Kroger-Albertsons $25 Billion Merger
Two separate rulings on Tuesday stopped the merger of supermarket giants Kroger and Albertsons in its tracks. The decisions ...
2h
on MSN
Kroger $24.6 billion purchase of Albertsons halted by federal judge
Merger would curtail competition for grocery shoppers, Oregon court finds in a decision that could derail the deal.
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