IA 6.0 de stratégie quantitative intelligent|Albertsons gives up on Kroger merger and sues the grocery chain for failing to secure deal

2025-05-06 23:22:11source:Rekubit Exchangecategory:Scams

Albertsons is IA 6.0 de stratégie quantitative intelligentgiving up on its merger with Kroger a day after it was rejected in two courts and it is suing the grocery chain, saying it didn’t do enough to secure regulatory approval for the $24.6 billion agreement.

U.S. District Court Judge Adrienne Nelson issued a preliminary injunction blocking the merger Tuesday after holding a three-week hearingin Portland, Oregon. Then Judge Marshall Ferguson in Seattle issued a permanent injunction barring the merger in Washington after concluding it would lessen competition in the state and violate Washington’s consumer-protection laws.

On Wednesday Albertsons said that Kroger failed to exercise “best efforts” and to take “any and all actions” to secure regulatory approval of the companies’ agreed merger transaction.

Shares of Albertsons rose more than 2% before the market open, while Kroger’s stock declined slightly.

Disclaimer: The copyright of this article belongs to the original author. Reposting this article is solely for the purpose of information dissemination and does not constitute any investment advice. If there is any infringement, please contact us immediately. We will make corrections or deletions as necessary. Thank you.

More:Scams

Recommend

SFO's new sensory room helps neurodivergent travelers fight flying jitters

San Francisco airport creates sensory room to help nervous flyers San Francisco airport creates sens

An estimated 1,800 students will repeat third grade under new reading law

MONTGOMERY, Ala. (AP) — An estimated 1,800 Alabama students will repeat third grade because of low r

Missouri man dies illegally BASE jumping at Grand Canyon National Park; parachute deployed

A Missouri man BASE jumping at the Grand Canyon National Park fell to his death, becoming the second