Kroger Albertsons merger hearing
Kroger Albertsons merger hearing: What's next?
A critical hearing over Kroger’s proposed $25 billion takeover of Albertsons is beginning to wind down in a federal court. So what’s next?
Kroger-Albertsons merger: Why the FTC says it will raise food prices
The Federal Trade Commission is challenging Kroger’s acquisition of Albertsons, saying their merger would be anticompetitive. The Washington Examiner will take a deeper look at what this lawsuit and potential merger would do to food prices — particularly on the cusp of the November election.
Would a Kroger and Albertsons merger drive grocery prices up or down? The answer is complicated
And in a presentation about the merger, the supermarket chain says over the years the company has reduced its gross profit margins to keep prices down. McMullen reiterated the claim in his testimony, noting that Albertsons’ prices are 10% to 12% higher than Kroger’s, so merging will help reduce the disparity.
'A banana is a banana.' Key quotes from the Kroger-Albertsons merger hearing
After two weeks of legal arguments and testimony the hearing on Kroger's proposed $25-billion takeover of Albertsons is getting closer to wrapping up.
Kroger and Albertsons CEOs Say Merger Would Help Them Lower Prices
The executives testified at a hearing in Oregon on the FTC's attempt to block the merger of two of the country's largest grocery store operators.
What you need to know about the Kroger-Albertsons merger
The pending $25 billion merger of the Kroger and Albertsons grocery chains threatens to continue the trend of monopolistic price-gouging while leading the sell-off and possible closure of hundreds of neighborhood stores.
Kroger and Albertsons have pledged to cut prices once merged. Here’s what that means
Monday marks the beginning of the third and possibly final week of federal court testimony in the proposed merger.
GUEST OPINION: Blocking the Kroger-Albertsons merger will hurt local communities
The announcement by supermarket operators Kroger, better known as King Soopers in Colorado, and Albertsons to sell off 579 ...
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As the clock ticks on the Kroger-Albertsons merger, the stakes for the grocers are rising, analysts say
The opportunity cost of pursuing the merger over the past two years has been enormous for Kroger,” one business strategy expert said.
The drama is heating up over Kroger’s planned merger deal. What will its earnings say?
This week, we’ll get quarterly results from the company that U.S. antitrust regulators have tried to make into a symbol for ...
CEOs of Albertsons and Kroger says shoppers would see lower prices after merger
The chief executives of Kroger and Albertsons are set to testify in federal court about their companies' proposed merger.
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In Our View: Yes on Kroger merger
Grocery giant Kroger wants to merge with Albertson’s. Currently, The Federal Trade Commission has suit to block the proposed $24.6 billion merger.
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Kroger CEO vows $1B price cut on groceries if Albertsons merger closes
MORE: Kroger proposes deal to buy Albertsons in massive supermarket merger, what it means for consumers A Kroger grocery store. Jonathan Weiss/Adobe Stock On Wednesday, McMullen said Albertsons ...
Another reason Kroger wants to buy Albertsons: access to millions more customers’ data
Kroger generates more than $1 billion in profits annually from collecting consumer data and using it for targeted advertising ...
Top Kroger exec testifies on bidding process for divested stores
Cosset was closely involved in strategic planning for the merger and in crafting two key agreements — one on the divestiture ...