Albertsons Seeks Roughly $8B From Kroger Over Failed Merger

Albertsons is seeking to collect approximately $8 billion in damages from Kroger stemming from the companies’ unsuccessful merger, Albertsons revealed

Albertsons is seeking to collect approximately $8 billion in damages from Kroger stemming from the companies’ unsuccessful merger, Albertsons revealed in a Delaware Court of Chancery filing made public on Monday, reports Yahoo Finance. The sum Albertsons is demanding includes a $600 million break-up fee as well as compensation for shareholder losses suffered because the […]

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