Tag: Merger
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Denver court dismisses Kroger’s plea to drop Colorado anti-merger lawsuit
Facebook Twitter WhatsApp SMS Email Print Copy article link Save Colorado’s lawsuit against the proposed Kroger and Albertsons merger worth $24.6 billion will carry on, a Denver District Court judge ruled Wednesday. The grocery stores operating the King Soopers and Safeway brands in Colorado asked the court to drop the case brought forth by Attorney…
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Kroger plans to sell Safeway brand in Colorado to help secure merger with Albertsons
Under pressure from government regulators, Kroger and Albertsons have decided to sell nearly 600 stores across the country, including the Safeway brand in Colorado, in an effort to get their proposed $24.6 billion merger through. Kroger said it will sell 579 stores across the country to New Hampshire-based C&S Wholesale Grocers — 116 more than originally planned, including 91 Albertsons-owned…
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Colorado’s Jena Griswold, officials from 6 states oppose Kroger-Albertsons merger
Jena Griswold, along with other secretaries, sends letter to Federal Trade Commission
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King Soopers vows no store closures, $1 billion for wages, benefits following Safeway merger
Colorado Attorney General Phil Weiser last year said his office is leading a multistate investigation into the proposed merger.
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Canvas Credit Union completes merger, expands to Colorado’s Western Slope
A seven-month dance finally led to courtship as Canvas Credit Union merged with Western Rockies Federal Credit Union to grow to 33 branches and expand to the Western Slope for the first time in its 84-year history. Colorado and National Credit Union Administration regulators approved the merger and the conversion happened late last month. The…
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Metro Moves: Denver’s InBank merges with Legacy Bank
Welcome to The Denver Gazette’s Metro Moves. You’ll get the latest metro Denver openings, closings, hiring and promotion briefs here. To submit your company’s news, drop an email to [email protected]. Merger Denver-based InBank will merge with Legacy Bank, which has nine branches in southern Colorado, the companies recently announced. The $56 million merger, expected to…
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New Colorado oil and gas company continues expansion
Newly formed Colorado oil and gas company Civitas Resources Inc. continues growing with its announcement Monday it just acquired another company. Civitas has become one of, if not the, biggest player in the state’s Denver-Julesberg (DJ) Basin, especially after its Monday announcement that it is buying Crestone Peak Resources. Just last month, the company was…
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Merger creates new Colorado oil and gas company
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Facebook Twitter WhatsApp SMS Email Print Copy article link Save Two Colorado oil and gas companies Monday announced a merger that will create one of the biggest players in the state’s Denver-Julesberg (DJ) Basin. Bonanza Creek Energy Inc. (NYSE: BCEI) and Extraction Oil & Gas Inc. (NASDAQ: XOG) will create new company Civitas Resources Inc.…