Kroger, Albertsons
Kroger and Albertsons make a final pitch for their merger before a judge decides whether to block it
Closing arguments are coming up in the Federal Trade Commission's attempt to block the proposed merger of supermarket chains Kroger and Albertsons.
Kroger CEO confident merger with Albertsons will come to pass
During the most recent hearings in U.S. District Court in Oregon, McMullen and Albertsons CEO Vivek Sankaran claimed the merger would allow both companies to lower prices and effectively compete with retail giants like Walmart, Costco, and Amazon, the Associated Press reported. Opponents to the merger state the exact opposite.
Kroger remains determined to close merger with Albertsons
CINCINNATI — With decision time possibly at hand for the pending Kroger-Albertsons merger, Rodney McMullen, chairman and chief executive officer of The Kroger Co., said the company has made a strong case for the $24.6 billion deal but stands ready to move forward if regulators block it.
Kroger CEO: ‘We remain committed to closing the merger’ with Albertsons
CINCINNATI — With decision time possibly at hand for the pending Kroger-Albertsons merger, Rodney McMullen, chairman and chief executive officer of The Kroger Co., said the company has made a strong case for the $24.6 billion deal but stands ready to move forward if regulators block it.
Kroger's CEO says shoppers would see lower prices after the chain's merger with Albertsons
Kroger CEO Rodney McMullen says merging with rival Albertsons would allow the two supermarket companies to lower prices and more effectively compete with retail giants like Walmart, Costco and Amazon.
The Kroger Albertsons merger hearing has ended. What happens next?
Attorneys for Kroger and Albertsons insisted the deal would boost competition by strengthening both companies as a unified company, repeated company promises to lower grocery pric
Kroger, Albertsons make final pitch for merger
The federal government urged a U.S. District Court judge on Tuesday to temporarily prevent a proposed merger between Kroger and Albertsons, saying in closing arguments the combination would “almost certainly” benefit shareholders and not everyday shoppers.
Kroger-Albertsons merger: FTC hearing wraps with closing arguments
Here's what attorneys for the FTC, Kroger and Albertsons said during closing arguments of the hearing that could make or break the grocers' planned $24.6B merger.
One Kroger-Albertsons Merger Blocking Trial Ends as Others Loom
As proceedings wind up in Portland, suits brought by Washington State and Colorado head to court to stop the grocery chain tie-up.
As Kroger-Albertsons merger case comes to a close, here’s how Wall Street is betting
The federal court case over a proposed $24.6 billion sale of Albertsons to rival Kroger has reliably filled a main courtroom and, often, an overflow room, where proceedings can be viewed on a television screen.
What's at Stake as FTC's Legal Fight Against Kroger-Albertsons Merger Ends
Key Takeaways The legal battle over the Federal Trade Commission's efforts to halt the $24.6 billion Kroger-Albertsons merger is scheduled to end Tuesday, with massive implications for the larger grocery industry.
He Used to Bag Groceries. Now Kroger’s CEO Is Trying to Save a $20 Billion Deal.
Rodney McMullen is fighting to save the deal he believes will secure Kroger’s future in the next wave of industry disrupters.
ConsumerAffairs1d
Who, us? Kroger CEO says it’s not gouging anyone
In a courtroom, swearing on a stack of proverbial bibles, Kroger CEO Rodney McMullen said that the hike in grocery prices has ...
Kroger CEO Rodney McMullen takes the stand in key merger court hearing
The hearing in U.S. District Court is to decide whether the Biden administration can be granted a preliminary injunction to ...
Customer connection is helping drive strength for Kroger, says CEO Rodney McMullen
Kroger CEO Rodney McMullen joins CNBC's 'Money Movers' to discuss what's driving the stock's performance, what is behind ...
WCPO Cincinnati13d
Kroger CEO 'charming' and 'impressive' in federal antitrust hearing, Bloomberg reporter says
The CEOs of Kroger and Albertsons defended their merger under oath in the U.S. Senate two years ago. In a federal courtroom ...
Kroger's CEO says it isn't the supermarket's fault that groceries are more expensive, it's due to things like credit card swipe fees and fuel costs
A Kroger executive said in a court testimony last week that the retailer hiked its milk and egg prices beyond inflation.
Would a Kroger and Albertsons merger drive grocery prices up or down? The answer is complicated
The Federal Trade Commission and several states’ attorneys general, including California Atty. Gen. Rob Bonta, say the deal ...