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Kroger Co. and Albertsons Companies have released the long list of stores the companies plan to sell, should a multi-billion dollar merger between the two grocery chains be approved by regulators ...
The sale, however, would occur only if federal regulators approve Kroger’s bid to buy its smaller rival Albertsons. The grocery store chains proposed to sell off a package of stores and other ...
Kroger and Albertsons on Tuesday revealed the specific locations of the 579 stores they plan to sell off in their ... Among the 94 Kroger stores to be sold are: 54 Quality Food Centers in ...
Kroger and Albertsons are selling roughly 400 stores to Piggly Wiggly’s parent company in an attempt to win antitrust approval for the mega merger between the grocery stores.
Under the merger agreement, Kroger and Albertsons — who compete in 22 states — had agreed to sell 579 stores in places where their locations overlap to C&S Wholesale Grocers, a New Hampshire ...
Albertsons bought 33 former Haggen stores for $14.3 million at a bankruptcy auction in November, many for the nominal price of $1 since they came with liabilities as part of their sale. [7] The failure of the spin-off of stores to Haggen has been seen as a particular concern for the proposed Albertsons–Kroger merger. [8]
Citing regulators’ concerns, Kroger and Albertsons announced they were adding 166 extra stores to the previous divestiture plan. The value of the store sale also climbed from $1.9 billion to $2. ...
On Tuesday, Cincinnati-based Kroger and Boise-based Albertsons released a list of planned grocery store selloffs as part of their proposed $24.6 billion dollar merger.