Tag: Kroger Albertsons Merger
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Kroger and Albertsons plan to divest 91 stores in Colorado if controversial merger goes through
As Kroger and Albertsons — the parent companies of King Soopers and Safeway — brace for court battles on the future of its potential merger, the grocers released Tuesday the official list of stores it plans to divest. The grocers announced in April it plans to sell off more stores than originally planned amidst legal…
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Colorado AG sues to block Kroger-Albertsons merger
Colorado Attorney General Phil Weiser is suing to block the nearly $25 billion Kroger-Albertsons merger, the official announced Wednesday. In Colorado, Kroger operates 148 King Soopers and City Market stores, while Albertsons runs 105 Safeway and Albertsons stores. In a press conference, Weiser claimed Kroger violated the state’s antitrust laws over its plans to merge with…
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Colorado AG Weiser, FTC chair hold town hall on proposed Kroger-Albertsons merger
The crowd packed in, filling chairs and standing along the back walls as they made their appeal, recounting personal experiences facing layoffs, near-homelessness and food deserts. Sitting at the front of the room were Federal Trade Commission Chair Lina Khan and Colorado Attorney General Phil Weiser. During the one hour allotted for the Denver town…