Kroger is fighting back against a lawsuit brought by Albertsons over its failed $24.6 billion takeover of the rival grocery chain.
March 25, 2025mergers News Updates
Kroger Fights Suit by Albertsons Over Failed Deal
US Steel Investor Pentwater Opposes Ancora’s Proxy Proposal
Pentwater, the third-largest investor in U.S. Steel, said it opposes moves by activist investor Ancora Holdings Group to shake up the board of the American steelmaker.
January 28, 2025Albertsons Sues Kroger for Failing to Secure Merger
Albertsons is giving up on its merger with Kroger and it is suing the grocery chain, saying it didn’t do enough to secure regulatory approval for the $24.6 billion agreement.
December 11, 2024FreightVana Buys Brokerage Operations of Loadsmith
FreightVana believes the deal will boost its position in the power-only brokerage segment. Loadsmith provides power-only and standard freight brokerage.
December 9, 2024Washington State Moves to Block Albertsons-Kroger Deal
Albertsons and Kroger insist a merger would help them lower prices and better compete with big rivals such as Walmart, Costco and Amazon.
September 16, 2024Kroger Doubles Price Cut to $1 Billion Post-Albertsons Merger
Kroger Co. has pledged to cut grocery prices by $1 billion, doubling its initial promise, as it seeks to win regulatory approval for its $25 billion merger with Albertsons Cos.
August 15, 2024Kroger and Albertsons Spend More Than $800M on Merger Fees
Kroger Co. and Albertsons Cos. have spent more than $800 million on fees paid to lawyers, bankers and advisers for their proposed merger.
August 13, 2024Seven Logistics Companies Merge Into SalSon Logistics
A group of seven logistics companies is set to merge under the banner of SalSon Logistics, with a focus on drayage and warehousing services, they said Aug. 5.
August 5, 2024Chevron, Hess Merger Faces Long Delay
Shares of Chevron Corp. and Hess Corp. plunged after announcing an arbitration hearing with Exxon Mobil Corp. related to their $53 billion merger will be delayed until at least mid-2025.
August 1, 2024ConocoPhillips to Buy Marathon Oil for $17.1 Billion
ConocoPhillips is buying Marathon Oil in an all-stock deal valued at approximately $17.1 billion as energy prices rise and big oil companies reap massive profits.
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