What changes will occur in US grocery store merger regulations by end of 2025?
More stringent regulations • 25%
Less stringent regulations • 25%
No significant change • 25%
New merger guidelines issued • 25%
Official announcements from US regulatory bodies like the FTC or DOJ
Albertsons Terminates $25 Billion Merger with Kroger, Sues for Breach Amid Antitrust Concerns
Dec 11, 2024, 01:38 PM
Albertsons has terminated its $25 billion merger agreement with Kroger following court injunctions from both a federal judge and a Washington state judge, which halted the deal. The termination came after Albertsons accused Kroger of failing to exercise 'best efforts' to secure regulatory approval for the proposed merger. In response, Albertsons has filed a lawsuit against Kroger, seeking billions of dollars in damages for breach of the merger agreement, citing Kroger's failure to address antitrust concerns and secure regulatory approval. Additionally, Albertsons has authorized a $2 billion share buyback program and intends to increase its quarterly dividend by 25% to $0.15 per share. The courts' decisions were based on concerns that the merger would curtail competition for grocery shoppers, potentially leading to higher prices, reduced consumer choice, and lower wages.
View original story
No change • 25%
Looser regulations • 25%
Stricter regulations • 25%
Unclear outcome • 25%
Stricter regulations • 25%
Unclear/other changes • 25%
No significant change • 25%
Looser regulations • 25%
Approval of a major grocery merger • 25%
Rejection of a major grocery merger • 25%
Introduction of new competition regulations • 25%
No major action • 25%
Other regulatory changes • 25%
New antitrust legislation • 25%
Revised merger guidelines • 25%
No significant changes • 25%
Merger abandoned • 25%
Merger approved after appeal • 25%
Merger restructured and approved • 25%
Merger remains blocked • 25%
Companies' decision • 25%
State Courts • 25%
Federal Court • 25%
Federal Trade Commission • 25%
Merger proceeds after appeal • 25%
Other outcome • 25%
Kroger withdraws merger bid • 25%
Merger is permanently blocked • 25%
Merger completed • 25%
Merger revised and completed • 25%
Merger abandoned • 25%
Merger blocked • 25%
No significant changes • 25%
Announce new mergers • 25%
Increase market share • 25%
Other strategic moves • 25%
Merger abandoned by companies • 25%
Merger permanently blocked • 25%
Merger approved with conditions • 25%
Merger approved without conditions • 25%
Outperforms S&P 500 • 25%
Significantly underperforms S&P 500 • 25%
Underperforms S&P 500 • 25%
Matches S&P 500 • 25%