Why Are Albertsons Shares Gaining Today?

by Vandana Singh, Benzinga Editor

October 13, 2022 10:20 AM | 23 seconds read

Albertsons Companies Inc ACI rose 8% on a Bloomberg report on merger talks with competing grocer Kroger Co KR.
An agreement could be reached as soon as this week, people familiar with the matter said.
No final decisions have been taken, and talks could still be delayed or falter, according to the people.
Price Action: ACI shares are up 8.10% at $27.75 on the last check Thursday.

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