Kroger Terminates Its Proposed Merger With Albertsons: What's Next?
Kroger(KR) ZACKS·2024-12-12 18:21
The Kroger Co. (KR) continues to solidify its leadership in the industry after the blocking of the merger deal with Albertsons Companies (ACI) . In the latest revelation, KR has terminated the merger agreement with ACI, following the U.S. District Judge, Adrienne Nelson, in Oregon has blocked this planned acquisition deal. According to media reports, this suit was brought by the Federal Trade Commission, along with eight states and the District of Columbia. (Read More: Kroger’s Deal to Acquire Albertsons Co ...