C&S Wholesale Grocers has filed a lawsuit against Kroger after the failed $25 billion takeover of rival Albertsons that was ...
In December, federal and state courts blocked the attempted merger between two of Colorado’s grocery store giants: Albertsons (Safeway) and Kroger (King Soopers, City Market). The merger was ...
The announcement Monday came the same day that Kroger’s CEO, Rodney McMullen, resigned after an investigation by the Cincinnati grocery company’s board into his “personal conduct.” That undisclosed ...
In the lawsuit, C&S claims Kroger didn't pay the $125 million termination fee in the event the merger deal with Albertsons was cancelled, per a WSJ report.
The leadership changes come just a few months after a federal judge temporarily halted a proposed merger between Kroger and ...
Following the dissolution of the proposed Kroger-Albertsons merger, both grocery giants are undergoing structural changes. The $24.6 billion deal, which would have been one of the largest ...
California, Oregon, Illinois and five other U.S. states have asked a U.S. judge to award them legal fees for winning an order ...
The Kroger-Albertsons merger has only been dead for a couple of months and already it’s haunting a mega deal taking shape in another industry. Seven months ago, Alimentation Couche-Tard ...
McMullen's removal comes months after Kroger ended a $25 billion merger with Albertsons under his leadership. Albertsons sued Kroger for breach of contract, arguing they tanked the deal.
Both top US grocery operators are moving on from their respective chief executive officers only months after a proposed deal to combine their operations was blocked by a federal judge. Albertsons Cos.