Kroger blames Albertsons for merger’s demise in new court filings

Kroger said in Tuesday’s court filing that it should not be forced to pay Albertsons a $600 million termination fee as well as billions of dollars in legal fees.

DELAWARE, USA — Kroger is denying Albertsons’ claims that it didn’t do enough to ensure regulatory approval of the companies’ planned supermarket merger.

In court papers filed Tuesday in the Delaware Court of Chancery, Kroger said Albertsons disregarded the companies’ merger agreement and worked secretly with a partner, C&S Wholesalers, to try to force Kroger to divest more stores to C&S.

Kroger also claimed that Albertsons was secretly planning to sue Kroger if the deal didn’t

→ Continue reading at KGW TV

Related articles

Comments

Share article

Latest articles