Grocery-store chains Albertsons Cos. and Kroger Co. said Wednesday that they were walking away from their merger deal, a day after two judges blocked it. But the drama didn’t end there.

Free from the financial burdens of trying to buy rival Albertsons Cos. Inc., shares of supermarket giant Kroger Co. were at new highs on Thursday, after the company a day earlier said it had ...

Matt Levine is a Bloomberg Opinion columnist. A former investment banker at Goldman Sachs, he was a mergers and acquisitions lawyer at Wachtell, Lipton, Rosen & Katz; a clerk for the U.S. Court of ...

Facing a future without a tie-up with Kroger (KR), Albertsons (NYSE:ACI) is taking measures to remain competitive in the low-margin grocery business with fierce competition from retail behemoths ...

Antitrust enforcers have successfully blocked the merger of Kroger KR-1.78%decrease; red down pointing triangle and Albertsons ACI-1.51%decrease; red down pointing triangle, a deal that would have ...

Within months of Kroger KR-0.39%decrease; red down pointing triangle announcing a $20 billion deal to acquire rival Albertsons ACI 0.38%increase; green up pointing triangle, Kroger made missteps ...

Kroger’s $25 billion proposed takeover of rival Albertsons ultimately failed because two judges – one federal and the other from the state of Washington – didn’t buy the competitive vision ...

Kroger breached its merger agreement with Albertsons when it failed to put together a divestiture package that appeased regulators, Albertsons alleges in a newly unsealed lawsuit. The nation’s ...

The grocery industry is reeling this week from the collapse of the proposed $25 billion merger of the nation’s second- and third- largest supermarkets, Kroger and Albertsons, and the fallout is ...

So let’s thank the supermarket giants Kroger and Albertsons, whose $24.6-billion merger has collapsed amid mutual recriminations, for their outstanding contribution to the genre. The proximate ...

Within a day of their $25 billion merger’s falling apart in court, Kroger and Albertsons were each planning to move forward with share repurchases to boost their stock prices and reward investors.