by Phil Hall | Jul 26, 2024 | Commercial Real Estate News, Current News & Events, Real Estate News, WRE News Exclusive
The Kroger Co. (NYSE: KR) and Albertsons Companies Inc. (NYSE: ACI) are pausing their proposed $24.6 billion merger as federal and state lawsuits seek to block their union. The Wall Street Journal reports the supermarket giants agreed to a temporary injunction in a...
by Phil Hall | Apr 23, 2024 | Commercial Real Estate News, Current News & Events, Real Estate News, WRE News Exclusive
The Kroger Co. (NYSE: KR) and Albertsons Companies Inc. (NYSE: ACI) plan to divest an additional 166 supermarkets to gain regulatory approval of their proposed $24.6 billion merger. The Kroger-Albertsons transaction was announced last October, but in February a...