Senators pressed the CEOs of Kroger Co. and Albertsons Cos. on Nov. 29 about whether their proposed $24.6 billion deal to create a supermarket giant will benefit consumers in an era of rising inflation.
November 30, 2022GovernmentBusiness
Senate Antitrust Panel Plans Hearing on Kroger-Albertsons Deal
The Senate plans to hold a hearing in November on Kroger Co.’s planned $24.6 billion takeover of Albertsons Cos.
October 18, 2022Business
Kroger, Albertsons to Merge in Bid to Create Grocery Giant
Two of the nation’s largest grocers have agreed to merge as Kroger on Oct. 14 bid $20 billion for Albertsons Companies Inc., or $34.10 per share.
October 14, 2022