Author: Steve Watkins

The Federal Trade Commission filed a lawsuit Feb. 26 to block Kroger Co.’s planned $24.6 billion acquisition of Albertsons Cos. Inc.

Regulators are expected to sue to block Kroger’s planned acquisition of Albertsons, according to a report.

Kroger has moved back its target date to complete the supermarket giant’s $24.6 billion acquisition of rival Albertsons, the parent company of Texas’ Randalls supermarkets.

Kroger Co.’s ghost kitchens are no more after its partner, Kitchen United, closed its locations.

Kroger Co. has thrown the ball into federal regulators’ court by informing the Federal Trade Commission it has satisfied the FTC’s concerns regarding Kroger’s planned $24.6 billion acquisition of Albertsons.

The CEOs of Kroger Co. and Albertsons Cos. have made a video to make their arguments in favor of approval of the companies’ $24.6 billion pending merger.

Kroger Co. and acquisition target Albertsons Cos. might have to divest of even more stores than originally planned in order to get past regulators’ antitrust concerns, according to a new report.

Kroger Co. CEO Rodney McMullen and his counterpart from rival Albertsons Cos., the supermarket company Kroger plans to acquire, made their case before a U.S. Senate subcommittee Nov. 28 that the deal won’t cause antitrust issues while facing a barrage …

The Big 12 Conference has signed a new TV and media rights contract that will provide an additional $160 million a year compared with the previous deal’s average value. It kicks in just two years after the University of Houston joins the Big 12.

The deal that Cincinnati-based Kroger (NYSE: KR) and Boise, Idaho-based Albertsons (NYSE: ACI) announced Oct. 14 would combine the nation’s two largest operators of traditional supermarkets.