Kroger, Albertsons' Failed Merger Drags on in Court -- Market Talk

Dow Jones
03-26

1206 ET - Albertsons blames Kroger for their failed merger. Kroger claims the blame falls on Albertsons. The two U.S. grocery-store operators are waging a war of words and leaving it to courts to decide who's at fault. Kroger says a strategy pursued by Albertsons undermined its efforts to seal the deal, adding it wasn't entitled to the $600 million termination fee or other damages. Albertsons says it looks forward to presenting its case in court. The case was filed in the Delaware Court of Chancery, widely considered the nation's top tribunal for corporate takeover and merger disputes.(denny.jacob@wsj.com; @pennedbyden)

 

(END) Dow Jones Newswires

March 25, 2025 12:06 ET (16:06 GMT)

Copyright (c) 2025 Dow Jones & Company, Inc.

免責聲明:投資有風險,本文並非投資建議,以上內容不應被視為任何金融產品的購買或出售要約、建議或邀請,作者或其他用戶的任何相關討論、評論或帖子也不應被視為此類內容。本文僅供一般參考,不考慮您的個人投資目標、財務狀況或需求。TTM對信息的準確性和完整性不承擔任何責任或保證,投資者應自行研究並在投資前尋求專業建議。

熱議股票

  1. 1
     
     
     
     
  2. 2
     
     
     
     
  3. 3
     
     
     
     
  4. 4
     
     
     
     
  5. 5
     
     
     
     
  6. 6
     
     
     
     
  7. 7
     
     
     
     
  8. 8
     
     
     
     
  9. 9
     
     
     
     
  10. 10