Tag Archives: Albertsons

Kroger/Albertsons To Shed 413 Stores In Antitrust Move

The Associated Press reports: Kroger and Albertsons will sell more than 400 stores and other assets for about $1.9 billion, seeking to clear a path for a merger with antitrust regulators reviewing a deal that would unify two of the nation’s largest grocery chains. The 413 stores are being sold to to C&S Wholesale Grocers. The grocery chains say they …

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Kroger To Buy Albertsons In Grocery Mega-Merger

CNBC reports: Rival grocers Kroger and Albertsons on Friday announced plans to team up. The companies said Kroger agreed to buy Albertsons for $34.10 a share in a deal valued at $24.6 billion. Albertsons shares had closed Thursday at $28.63 after surging on reports that a deal was imminent. Kroger is the second-largest grocer by market share in the United …

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