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Kroger Sues FTC Over Attempt to Block Merger with Albertsons

Kroger Sues FTC Over Attempt to Block Merger with Albertsons

by Phil Hall | Aug 22, 2024 | Commercial Real Estate News, Current News & Events, Real Estate News, WRE News Exclusive

The Kroger Co. (NYSE: KR) has filed a motion for preliminary injunction against the Federal Trade Commission’s (FTC) challenge to its merger with Albertson’s Companies Inc. (NYSE: ACI), arguing that the agency’s decision to proceed in an administrative...
Kroger Sues FTC Over Attempt to Block Merger with Albertsons

Kroger and Albertsons Pause Merger

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...
Kroger Sues FTC Over Attempt to Block Merger with Albertsons

Kroger and Albertsons Propose Selling 166 More Stores to Gain Merger

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...
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