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Kroger and Albertsons on Tuesday revealed the specific locations of the 579 stores they plan to sell off in their contested $25 billion merger. Kroger and Albertsons on Tuesday revealed the ...
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 ...
The FTC argues that the Kroger-Albertsons divestiture proposal is “inadequate” and the list is a “hodgepodge of unconnected stores, banners, brands, and other assets that Kroger’s ...
Grocery chain Albertsons called off its $25 billion merger with Kroger Wednesday, a day after a federal judge blocked the deal. The merger, announced in 2022, sought to combine the fifth and tenth ...
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. ...
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]
Kroger and Albertsons announced which 579 locations they plan to sell as part of a merger that is still being finalized. (Scripps News)