In its response to Kroger’s counterclaims, filed late last week, Albertsons asserts that “No Albertsons employee participated ...

American supermarket chain Kroger has submitted its formal response and counterclaims to the lawsuit initiated by rival chain Albertsons over their terminated merger deal. The legal action ...

Albertsons’ response to Kroger’s counterclaims comes after the grocer sued Kroger for allegedly breaching the merger contract ...

Albertsons asserted that Kroger willfully breached the companies’ merger agreement by refusing to divest the necessary assets for antitrust approval, ignoring regulators’ feedback, rejecting ...

Kroger Co. has filed an answer to Albertsons Cos. Inc.’s lawsuit against it regarding the companies’ failed $24.6 billion merger and made counterclaims against its former acquisition target ...

Kroger files counterclaims, accusing Albertsons of misconduct. Kroger seeks damages for failed merger and regulatory investments. Rebound or breakdown? See how Matt Maley is trading June’s ...

The attempted $24.6 billion merger between Kroger and Albertsons marked one of the most significant developments in the U.S.

In its response to Kroger’s counterclaims, filed late last week, Albertsons asserts that “No Albertsons employee participated ...

Key Points: Albertsons alleges breach of contract and misconduct, seeking significant damages. Kroger’s counterclaim targets recovery of investments made for merger regulatory approvals.

The Kroger ()-Albertsons merger was initially proposed in October 2022.The $24.6 billion merger aimed to create one of the largest grocery store chains in the U.S., combining nearly 5,000 stores ...

This story was originally published on Grocery Dive. To receive daily news and insights, subscribe to our free daily Grocery Dive newsletter. Albertsons continues to blame Kroger for their failed ...