DENVER — Colorado attorney general Phil Weiser has filed a lawsuit aiming to block Kroger’s planned $25 billion merger with Albertsons Cos., arguing that the deal “would lead to stores closing, higher prices, fewer jobs, worse customer service and less resilient supply chains.” Kroger and Albertsons responded in a joint statement that they were “disappointed
SCHENECTADY, N.Y. — Price Chopper/Market 32 and Tops Markets announced the closure of their previously announced merger earlier this month, after the deal was approved by the Federal Trade Commission. The agreement calls for the two companies to be managed locally by their respective leaders and continue to be referred to by their established brand
CAMP HILL, Pa. — Rite Aid Corp. on Tuesday announced that the registration statement on Form S-4, in connection with its proposed merger with Albertsons Cos., has been declared effective by the U.S. Securities and Exchange Commission (SEC). In connection with the definitive proxy statement/prospectus, Rite Aid issued a letter to shareholders detailing the merits
DEERFIELD, Ill., CAMP HILL, Pa. — Walgreens Boots Alliance (WBA) Inc. and Rite Aid Corp. have agreed to extend the end date for their merger deal and lower the offer price. The companies said Monday that the deal end date has been moved to July 31 — after the previous extension expired this past Friday
DEERFIELD, Ill., and CAMP HILL, Pa. — Walgreens Boots Alliance (WBA) and Rite Aid Corp. are expanding the time frame for completing their planned $17.2 billion merger deal. WBA and Rite Aid said Thursday that they have extended the end date for the agreement to Jan. 27, 2017, from Oct. 27, 2016, and expect the
ZAANDAM, the Netherlands and BRUSSELS, Belgium — Shareholders of Koninklijke Ahold N.V. and Delhaize Group have voted to approve the proposed merger of the two retailers, the companies announced on Monday. The deal is subject to regulatory approval and is expected to close later this year. Officials with the companies said the merger, announced last