What will be the change in market share for Albertsons and Kroger by end of 2025?
Albertsons gains market share • 25%
Kroger gains market share • 25%
Both gain market share • 25%
Neither gain market share • 25%
Market analysis reports from industry analysts
Albertsons Ends $24.6 Billion Kroger Merger After Courts Block Deal; Sues for Breach, Seeks Billions
Dec 11, 2024, 02:41 PM
Albertsons has terminated its proposed $24.6 billion merger with Kroger after the deal was blocked by federal and state courts in Oregon and Washington. The company is suing Kroger in Delaware's Court of Chancery, alleging that it failed to exercise "best efforts" and take "any and all actions" to secure regulatory approval, resulting in a breach of contract. The merger, which would have created one of the largest grocery chains in the United States, faced significant antitrust concerns over reduced competition and potential harm to consumers and workers. Albertsons is seeking billions of dollars in damages and a $600 million termination fee. Additionally, Albertsons authorized a $2 billion share buyback program and increased its quarterly dividend by 25% to $0.15 per share. Kroger has refuted the lawsuit, calling it baseless and stating that Albertsons breached the merger agreement.
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Both perform equally • 25%
Albertsons underperforms Kroger • 25%
Albertsons outperforms Kroger • 25%
Albertsons matches Kroger • 25%
Merger approved after appeal • 25%
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Merger abandoned • 25%
Kroger gains market share • 25%
Albertsons gains market share • 25%
Both lose market share • 25%
No significant change • 25%
Yes • 50%
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Albertsons attempts another merger • 25%
Both attempt mergers • 25%
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Rejected • 25%
Approved with conditions • 25%
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Withdrawn by companies • 25%
Merger proceeds after appeal • 25%
Kroger withdraws merger bid • 25%
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Merger is permanently blocked • 25%
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Data unavailable • 25%
Albertsons wins partial claim • 25%
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Case dismissed • 25%
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Settlement reached • 25%
Kroger wins • 25%
Albertsons wins full claim • 25%
Announces new merger with another chain • 25%
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Focuses on internal growth instead • 25%
Pursues smaller acquisitions • 25%
No • 50%
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Increase by more than 10% • 25%
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