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Stock impact report

Kroger accuses Albertsons of colluding with C&S on divestitures in new court filing [Yahoo! Finance]

Kroger Company (The) (KR) 
Last kroger company (the) earnings: 3/5 08:30 am Check Earnings Report
US:NYSE Investor Relations: ir.kroger.com
Company Research Source: Yahoo! Finance
Kroger is punching back in its legal fight with would-be merger partner Albertsons, arguing that it fought hard to convince federal regulators that the deal would be good for consumers. The Cincinnati-based grocery giant released a statement on Tuesday accusing Albertsons of working secretly with its divestiture partner, C&S Wholesale Grocers, to pressure the grocer to increase the number of stores it planned to divest to C&S. “As detailed in the court filing, while Kroger was working diligently to seek regulatory approval and close the merger, Albertsons was engaging in a secret and misguided campaign, together with C&S Wholesale Grocers, the divestiture buyer, to pursue its own regulatory strategy, which ultimately undermined Kroger's Read more
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