Food fight: $25 bn US grocery deal falls apart …C0NTINUE READING HERE >>>
Albertsons announced it was terminating its proposed $25 billion deal with Kroger and suing its former partner for breach of contract.
Photo: Ethan Miller / GETTY IMAGES NORTH AMERICA/Getty Images via AFP
Source: AFP
A proposed $25 billion supermarket mega-merger disintegrated Wednesday in bitter recriminations between Albertsons and would-be suitor Kroger following US court rulings blocking the deal.
A day after two courts sided with antitrust regulators who argued the deal was bad…
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