Albertsons sues Kroger, seeks more than $9 billion after failed $24.6B merger
Attorneys for Albertsons filed a Delaware lawsuit seeking more than $9 billion, blaming Kroger for the collapse of a $24.6 billion merger.
Attorneys for Albertsons filed a lawsuit Monday in Delaware demanding more than $9 billion from Kroger. It is the latest legal move in a fight “over who is to blame for the failure of the $24.6 billion deal,” according to an article by Yahoo Finance.