McMullen said that Albertsons' prices are 10% to 12% higher than Kroger’s and that the merged company would try to reduce the disparity as part of a strategy for keeping customers. Walmart now ...
If the merger does go through, Albertsons shareholders can expect $27.25 in the all-cash deal, a substantial premium of 48.3% to the current stock price. If the merger does not go through ...
“Kroger’s acquisition of Albertsons would lead to additional grocery price hikes for everyday goods, further exacerbating the financial strain consumers across the country face today ...
Gen. Rob Bonta, say the deal would eliminate competition that helps lower prices. As rivals, Kroger and Albertsons compete with each other, so they have an incentive to keep prices down to attract ...
As Kroger and Albertsons push to advance the biggest supermarket merger in U.S. history, the companies’ chief executives have argued that joining forces would lead to price cuts for shoppers.
PORTLAND, Ore. — The chief executive officers of Kroger and Albertsons insisted Wednesday — under questioning from the federal government — that merging would allow the two supermarket companies to ...