News@lemmy.worldEnglish · 16 hours ago

Albertsons gives up on Kroger merger and sues the grocery chain for failing to secure deal

apnews.com

cross-posted to:
economics@lemmy.world

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Albertsons gives up on Kroger merger and sues the grocery chain for failing to secure deal

apnews.com

🃏Joker@sh.itjust.works to

News@lemmy.worldEnglish · 16 hours ago

cross-posted to:
economics@lemmy.world

Albertsons is giving 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 of the $24.6 billion agreement.

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13 hours ago
GOOD. I’m thrilled it was blocked. Fuck both companies for even trying.

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