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American grocery store company Albertsons of Boise, Idaho backs out of a $24.6 billion merger deal between
Proposed acquisition of Albertsons by Kroger — American grocery store company Albertsons of Boise, Idaho backs out of a $24.6 billion merger deal between Cincinnati-based grocer Kroger and files a lawsuit against them that incl
Context: Proposed acquisition of Albertsons by Kroger.
American grocery store company Albertsons of Boise, Idaho backs out of a $24.6 billion merger deal between Cincinnati-based grocer Kroger and files a lawsuit against them that includes a $600 million termination fee. [https://abcnews.go.com/Business/wireStory/albertsons-kroger-merger-sues-grocery-chain-failing-secure-116676193 (ABC News)]
Event summary via Wikipedia Current Events (2024-12-11).