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Albertsons sues Kroger after judge rules against grocery merger
KRKroger(KR) CNBC·2024-12-11 14:48

Traders work as screens display the trading information for Kroger Co. and Albertsons Companies Inc. on the floor of the New York Stock Exchange, Oct. 14, 2022.Albertsons on Wednesday formally terminated its proposed $25 billion merger with Kroger and filed a lawsuit against its supermarket competitor, saying Kroger violated its contract and didn't follow through on commitments to help get the deal approved.It comes a day after a judge blocked the planned tie-up.In a news release, Albertsons said Kroger bro ...