The supermarket chain had tried to join forces with Kroger, but judges sided with federal and state regulators who charged that the merger would reduce competition.
Category: Mergers, Acquisitions and Divestitures
-
Andrew Ferguson, the F.T.C.’s Next, More Deal-Friendly Chair
Andrew Ferguson is expected to go easier on mergers than the agency’s current chief, Lina Khan. But he could take a similarly tough approach to policing Big Tech.
-
Federal Judge Blocks $25 Billion Kroger-Albertsons Grocery Merger
The Federal Trade Commission notched a victory in its efforts to block the supermarket merger over concerns about harm to shoppers and workers.
-
Omnicom and Interpublic to Merge, Creating Ad Agency Giant
If they combine, Omnicom and Interpublic would become the largest advertising company in the world.
-
Guardian Confirms Sale of The Observer to Tortoise Media
The Guardian Media Group said it had struck a deal to sell The Observer to Tortoise Media, shortly after a 48-hour strike by journalists had ended.
-
Guardian Journalists Strike Over Planned Sale of The Observer
Workers have begun a 48-hour walkout, the first in 50 years for the outlet, over a proposal to sell The Observer to Tortoise Media, a digital media start-up.
-
BlackRock Acquires HPS, a Major Lender of Private Credit
The world’s largest investor is buying HPS, a major provider of private credit, for $12 billion.
-
The ‘Rocket Docket’ Judge Who Will Decide the Fate of Google’s Ad Technology
The ruling by a federal judge, Leonie Brinkema, in an antitrust case over Google’s advertising technology could add to the internet company’s woes.
-
DirecTV Calls Off Plans to Acquire Dish Network
The deal, which would have created one of the largest pay-TV providers in the United States, fell apart after strong objections from Dish’s lenders.