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Kroger calls Albertsons’ claims in lawsuit ‘baseless’

The Kroger Co. has responded to a lawsuit filed by Albertsons Cos. Inc. following a court ruling blocking a proposed merger.

The Packer Staff

Dec 11, 2024
Produce Retail , Legal , Industry News

In a Wednesday news release announcing the lawsuit, Albertsons said the claims stem from Kroger’s “failure to exercise ‘best efforts’ and to take ‘any and all actions’ to secure regulatory approval of the companies’ agreed merger transaction, as was required of Kroger under the terms of the merger agreement between the parties.”

Albertsons sues Kroger for breach of merger agreement

The lawsuit follows recent court rulings blocking the proposed merger of the two grocery retailers.

The Packer Staff

Dec 11, 2024
Produce Retail , Industry News , Legal

U.S. court blocks Kroger's $25B acquisition of Albertsons

The ruling, which can be appealed, could jeopardize the deal between the two major grocers.

Reuters

Dec 10, 2024
Produce Retail , Industry News , Legal

Kroger files injunction against FTC

The Kroger Co. said it has filed a motion for a preliminary injunction against the Federal Trade Commission’s challenge of its proposed merger with Albertsons Cos. Inc.

Christina Herrick

Aug 20, 2024
Produce Retail , Legal

The USDA banned nine businesses from working in the produce industry due to Perishable Agricultural Commodities Act violations.

9 businesses banned by USDA for PACA violations

Failure to meet contract obligations and failure to pay reparations caused the department to sanction the businesses and principal operators and prevent them from working in the produce industry.

Christina Herrick

Dec 14, 2023
Legal

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