Kroger and Albertsons delay $25bn merger pending Colorado court ruling on antitrust lawsuit.
Colorado AG Phil Weiser reported that Kroger and Albertsons have agreed to delay their proposed $25bn merger until after a Colorado court has ruled on an antitrust lawsuit seeking to block the deal. This agreement with state regulators may delay the possible completion of the merger until at least October, with the Colorado trial scheduled to start on September 30. The legality of the merger is also being challenged in federal court and Washington state.
July 25, 2024
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