Albertsons Terminates $25 Billion Merger with Kroger After Judge’s Block
US supermarket giant Albertsons has formally terminated its proposed $25 billion merger with fellow operator Kroger after a judge blocked the deal on Tuesday. The move comes as Albertsons filed a lawsuit against Kroger, accusing it of violating their contract and failing to follow through on commitments to secure regulatory clearance. Albertsons claims that Kroger … Read more