Antitrust Regulator Files Lawsuit To Block Kroger's $25B Bid For Albertsons
Benzinga
FEBRUARY 26, 2024
Kroger Company ‘s (NYSE: KR ) $25 billion bid to take over rival supermarket Albertsons Companies (NYSE: ACI ) was hanging in the balance on Monday after the Federal Trade Commission (FTC) filed a lawsuit to block the merger. Shares in Kroger fell 1.7% while Albertsons gained 0.6% Shares in Kroger fell 1.7%
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