Albertsons Backs Out of Merger Deal and Sues Kroger After Court Rulings
Briefly

Albertsons terminated its $25 billion merger with Kroger due to federal and state court decisions blocking the deal, citing a need to protect competition.
We are deeply disappointed in the courts' decisions. Kroger failed to divest necessary assets, ignored regulators’ feedback, and rejected stronger buyers for divested stores.
Read at www.nytimes.com
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