What will be Albertsons' strategic move by end of 2025 regarding mergers?
Announces new merger with another chain • 25%
No new merger attempts announced • 25%
Focuses on internal growth instead • 25%
Pursues smaller acquisitions • 25%
Official announcements or press releases from Albertsons
Albertsons Ends $24.6B Kroger Merger, Sues for $600M, Launches $2B Stock Buyback
Dec 11, 2024, 05:07 PM
Albertsons has terminated its proposed $24.6 billion merger with Kroger just one day after federal judges in two separate courts blocked the deal. The merger, announced in 2022, would have been the largest grocery store acquisition in U.S. history. An Oregon federal judge sided with the Federal Trade Commission (FTC), halting the union. In response, Albertsons filed a lawsuit against Kroger for breach of contract, alleging that the company failed to exercise "best efforts" and to take "any and all actions" to secure regulatory approval. Albertsons is seeking a $600 million termination fee from Kroger and has authorized a $2 billion stock buyback.
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Pursue another merger • 25%
Seek international expansion • 25%
Focus on organic growth • 25%
Other strategic direction • 25%
Pursues another merger • 25%
No major changes • 25%
Undergoes restructuring • 25%
Focuses on organic growth • 25%
Neither attempt mergers • 25%
Both attempt mergers • 25%
Kroger attempts another merger • 25%
Albertsons attempts another merger • 25%
Neither attempts a merger • 25%
No • 50%
Yes • 50%
Kroger • 25%
No partnership or merger • 25%
Private equity firm • 25%
Another major grocery chain • 25%
Merger abandoned • 25%
Merger remains blocked • 25%
Merger restructured and approved • 25%
Merger approved after appeal • 25%
Merger blocked • 25%
Merger completed • 25%
Merger revised and completed • 25%
Merger abandoned • 25%
Yes • 50%
No • 50%
Merger is permanently blocked • 25%
Kroger withdraws merger bid • 25%
Merger proceeds after appeal • 25%
Other outcome • 25%
Withdrawn by companies • 25%
Rejected • 25%
Approved with conditions • 25%
Approved without conditions • 25%
Albertsons gains market share • 25%
Both lose market share • 25%
Kroger gains market share • 25%
No significant change • 25%
Both gain market share • 25%
Kroger gains market share • 25%
Albertsons gains market share • 25%
Neither gain market share • 25%
Increases by 10% or more • 25%
Volatile (fluctuates by 10% or more both ways) • 25%
Remains stable (within +/- 10%) • 25%
Decreases by 10% or more • 25%