kroger

Albertsons is giving up on its merger with Kroger a day after it was rejected in two courts and it is suing the grocery chain, saying it didn't do enough to secure regulatory approval of the $24.6 billion agreement.

A federal judge has temporarily halted a proposed merger between supermarket giants Kroger and Albertsons, an action that could scuttle the deal. U.S. District Court Judge Adrienne Nelson issued the ruling Tuesday after holding a three-week hearing in Portland, Oregon.

The Colorado attorney general’s office will argue that the proposed merger between Kroger and Albertsons will hurt workers, shoppers and farmers.

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Kroger and Albertsons have made their final argument in federal court in support of their proposed merger. Lawyers for the Federal Trade Commission and for the supermarket chains gave closing arguments on Tuesday at the end of a three-week hearing on the commission's request for a temporary injunction to block the $24.6 billion deal.

Each week KUNC collects and curates some of the more important stories of the week that have aired on our daily newscast. We know how busy life can be, and that it's not always possible to get your news on our airwaves (or from streaming us right here on our website). Fill in the gaps and catch up right here. No one enjoys the feeling of missing out!

Supermarket chains Kroger and Albertsons say will sell more of their stores in an effort to quell the federal government's concerns about their proposed merger. The companies said Monday they would now sell 579 Kroger and Albertsons stores to C&S Wholesale Grocers, a New Hampshire-based grocery company, for $2.9 billion.

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