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Albertsons sues Kroger, backs out of $25B merger after courts block the deal
3 mn readAlbertsons has filed a lawsuit against its rival Kroger following a failed multibillion dollar deal that would have marked the biggest supermarket merger in U.S. history. Two federal judges in Oregon and Washington blocked the merger Tuesday, siding with the Federal Trade Commission, which has opposed the plan, arguing it would eliminate competition and raise prices for […]
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