( ) -q-28- UNDATED (Correspondent Jeremy House) “earlier this year.” The proposed $24.6 billion merger between supermarket giants Kroger and Albertsons has floundered after judges overseeing two separate cases both halted the deal. [CutID: <Cuts> KROGER-ALBERTSONS-house-q-WEDam.mp3 Time: 28s Title: KROGER-ALBERTSONS-house-q-WEDam Out-cue: earlier this year] TAG: Correspondent Jeremy House reporting. Kroger and Albertsons say they are […]
Audio
Judges halt proposed Kroger and Albertsons grocery merger
( ) -q-28- UNDATED (Correspondent Jeremy House) “earlier this year.”
The proposed $24.6 billion merger between supermarket giants Kroger and Albertsons has floundered after judges overseeing two separate cases both halted the deal.
[CutID: <Cuts> KROGER-ALBERTSONS-house-q-WEDam.mp3
Time: 28s
Title: KROGER-ALBERTSONS-house-q-WEDam
Out-cue: earlier this year]
TAG: Correspondent Jeremy House reporting. Kroger and Albertsons say they are disappointed in the decisions and are reviewing their options.
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VERBATIM: A federal judge in Oregon temporarily blocked the proposed merger until an in-house administrative judge at the Federal Trade Commission considers it. Meanwhile, a judge in Washington state issued a permanent injunction barring the merger in that state, saying it lessens competition. Kroger and Albertsons in 2022 proposed what would be the largest grocery store merger in U.S. history. But the Federal Trade Commission and the state of Washington sued earlier this year.