Tag: Kroger
Kroger CEO McMullen Is Willing To Pursue Litigation Over Albertson Merger
Kroger CEO Rodney McMullen has stated that the company is prepared to take legal action if regulators do not approve the proposed $24.6 billion...
Kroger Wants Antitrust Suit Over Albertsons’ Merger Dismissed
Kroger has requested the dismissal of a consumer antitrust lawsuit in the United States regarding their acquisition of competitor retailer Albertsons Companies.
A consumer lawsuit...
FTC Issues 2nd Request To Kroger On Albertsons Deal
Kroger has received a second request for information from the Federal Trade Commission on its $24.6 billion deal to acquire Albertsons, potentially dragging out...
Albertsons, Kroger CEOs Face US Senators
Executives at Kroger and Albertsons Companies are expected to face tough questions on Tuesday from lawmakers who worry the grocers' planned $25 billion merger...
US Judge Blocks Albertsons’ $4B Payout In Kroger Fight, Again
Albertsons’ investors hoping for their share of a promised $4 billion payment must wait at least another week for a payout bound up in a controversial...
Kroger, Albertsons Unions Ask FTC To Block Deal
Kroger's acquisition of Albertsons Companies could further exacerbate income inequality through job losses and eroding wages at a time of high inflation, a group...
US State AGs Call For Special Dividend For Kroger Mega-Deal
A bipartisan group of state attorneys general is calling for a special dividend being paid to Albertson holders in connection with the supermarket chain's planned...
Kroger-Albertsons Tie-Up Faces New Union Lobbying
Thousands of unionized retail workers from the US Mid-Atlantic to the West Coast are lobbying regulators and lawmakers as part of a broader effort...
Senators Warren & Sanders Look To Block Kroger-Albertsons Tie Up
On Wednesday Sen. Elizabeth Warren called on the Federal Trade Commission (FTC) to block the deal. “More mergers and less competition would mean even...
US Senate Panel To Hold Antitrust Hearing On Kroger’s Albertsons Buy
A US Senate antitrust panel is expected to announce that it will hold a hearing on Kroger's $25 billion planned acquisition of Albertsons.
The antitrust...