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Albertsons and Kroger CEOs testify in pivotal trial over $24.6 billion merger
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The heads of Albertsons and Kroger took the stand today in a trial that will decide if a massive merger between the two companies can move forward.
If allowed to continue, it would be the largest supermarket merger in U.S. history but there have been multiple legal challenges, and the case is also in federal court as authorities decide whether or not the merger is legal.
In the latest turn of a legal battle to determine if Kroger and Albertsons can forge ahead with a planned $24.6 billion merger the CEOs of both grocers took the stand Monday to make their case.
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Lynnanne Nguyen
If allowed to continue, it would be the largest supermarket merger in U.S. history but there have been multiple legal challenges, and the case is also in federal court as authorities decide whether or not the merger is legal.
In the latest turn of a legal battle to determine if Kroger and Albertsons can forge ahead with a planned $24.6 billion merger the CEOs of both grocers took the stand Monday to make their case.
--------------------------------------------------
_______________
Stay up to date with our social media:
Have a news tip? Send it directly to us:
Call the Newsroom: 206.404.4000
KOMO News (ABC 4) provides the latest breaking news, sports, weather, traffic, and local event coverage in the Seattle and Western Washington/Puget Sound area including Bellevue, Redmond, Renton, Kent, Tacoma, Bellingham, Yakima, and surrounding communities
#komo #komonews #komo4 #komo4news #seattle #seattlenews #washingtonnews #kroger #albertsons #trial #grocery #grocerystores
Lynnanne Nguyen
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