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Kroger Co. has filed an answer to Albertsons Cos. Inc.’s lawsuit against it regarding the companies’ failed $24.6 billion merger and made counterclaims against its former acquisition target ...
Kroger on Tuesday filed a countersuit in its dispute with Albertsons over a failed $25 billion merger between the two grocery behemoths. The merger was blocked late last year by federal and state ...
Albertsons and Kroger spent over two years and more than $850 million on an unsuccessful effort to merge. The two supermarket giants are now spending additional money fighting over the fallout.
U.S. grocery chain Kroger countersued rival Albertsons on Tuesday, escalating a legal fight between the two companies following the demise of their proposed $25 billion merger that was blocked by ...
In December, Albertsons asked for billions of dollars in damages along with a $600 million termination fee. Kroger had called the claims baseless. "As a result of its misconduct, Albertsons is not ...
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Kroger countersues Albertsons in feud over failed $25B mergerThis article originally appeared on Cincinnati Enquirer: Kroger countersues Albertsons in feud over failed $25B merger ...
Cincinnati-based Kroger Tuesday filed a countersuit against Albertsons, the latest legal fallout from a failed merger between the two grocery giants. Albertsons filed suit against Kroger after the ...
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