Albertsons, Kroger
Kroger and Albertsons merger needed to close the gap with Walmart, executives testify
Two top Kroger Co. executives took the stand Monday in the Denver District Court antitrust trial seeking to block the grocer’s $24.6 billion merger
Colorado’s trial against the Kroger-Albertsons merger wraps up next week. Here’s four things you should know.
Supermarket giants Kroger and Albertsons have been locking horns with Colorado’s attorney general for nearly three weeks as the companies defend their $25 billion merger in Denver district court.
In Colorado, Safeway would be owned by 2 companies post merger. Neither would be Albertsons.
Highlights of Week 2 in Colorado’s antitrust case to block the Kroger-Albertsons merger include more on who might take over the Safeways.
Colorado rests case challenging Kroger, Albertsons merger
The state attorney general sued in February to block Kroger’s proposed $24.6 billion purchase of Albertsons that would merge two of the state’s largest grocers.
Who's Susan Morris? Albertsons exec from Denver would run merger’s divested stores
Since the first day of trial in Colorado, lawyers for Kroger and Albertsons have repeatedly brought up the name of a grocery executive they believe has the adequate experience to
Kroger-Albertsons merger needed to close pricing gap with Walmart, executives testify
McMullen and Aitken emphasized that Walmart, with 3.5 times the grocery sales of Kroger, is the key competitor not Albertsons. Kroger has built its business strategy entirely around matching Walmart’s prices and staying ahead of a host of other rivals like Costco,
Albertsons gains amid Wells Fargo upgrade on `Plan B' if Kroger deal fails
Financial writer covers Albertsons (ACI) rise in premarket trading after Wells Fargo raises rating, citing value opportunity ...
A Closer Look at 6 Analyst Recommendations For Albertsons Companies
Analysts have set 12-month price targets for Albertsons Companies, revealing an average target of $23.79, a high estimate of $27.25, and a low estimate of $19.00. A decline of 4.65% from the prior ...
Albertsons’ stock climbs on Q2 earnings and revenue beat
Albertsons Cos. Inc. shares are up 0.7% in premarket trades Tuesday after the grocery chain reported better-than expected ...
Albertsons may be worth $21 a share in Kroger deal break, analyst says
Albertsons (NYSE:ACI) is likely worth $21 a share if its almost $25 billion sale to Kroger (KR) is blocked by a court after ...
Column: Albertsons will pay millions to quash charges that it cheated customers. Shouldn’t that kill its merger plan?
Albertsons is paying $3.9 million to settle a federal-state lawsuit that accused it of ripping off shoppers. What does that ...
Albertsons Faces Challenges Amid Pharmacy Growth and Grocery Market Share Loss, Leading to Hold Rating
Kelly Bania, an analyst from BMO Capital, maintained the Hold rating on Albertsons Companies (ACI – Research Report). The associated ...
Failure of Kroger-Albertsons merger may lead to layoffs, store closures, CEO says
If the merger with Kroger doesn’t go through, the Albertsons CEO said his company might have to consider layoffs and leave ...
Seeking Alpha2d
Albertsons Companies Remains One Of The Best Risk-To-Reward Prospects In This Market
I have long had conflicting thoughts about the deal. Having said that, I have been very bullish about Albertsons Companies ...
Albertsons Companies (ACI) Receives a Buy from Wells Fargo
In a report released today, Edward Kelly from Wells Fargo assigned a Buy rating to Albertsons Companies (ACI – Research Report). The ...