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Market
What strategic direction will Albertsons announce by mid-2025?
2
Resolution / Starting Odds
Pursue another merger • 25%
Focus on organic growth • 25%
Seek international expansion • 25%
Other strategic direction • 25%
Official announcements from Albertsons or credible financial news sources
Story
Albertsons Terminates $25 Billion Merger with Kroger, Sues for $600M After Court Block
Dec 11, 2024, 02:42 PM
Albertsons has terminated its proposed $25 billion merger with Kroger, following court rulings that blocked the deal. The decision came after both a federal judge in Oregon and a state judge in Washington issued temporary injunctions against the merger, citing concerns over competition in the grocery market. Albertsons, the parent company of Jewel-Osco, has filed a lawsuit against Kroger, alleging that the latter failed to exercise 'best efforts' to secure regulatory approval for the $24.6 billion transaction. The lawsuit claims Kroger did not take 'any and all actions' necessary to push through the merger, leading to its failure. Albertsons is now seeking a $600 million termination fee from Kroger for breach of contract.
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Announces new merger with another chain • 25%
No new merger attempts announced • 25%
Focuses on internal growth instead • 25%
Pursues smaller acquisitions • 25%
Pursues another merger • 25%
Focuses on organic growth • 25%
Undergoes restructuring • 25%
No major changes • 25%
Kroger • 25%
Another major grocery chain • 25%
Private equity firm • 25%
No partnership or merger • 25%
Merger completed • 25%
Merger blocked • 25%
Merger abandoned • 25%
Merger revised and completed • 25%
Merger approved after appeal • 25%
Merger abandoned • 25%
Merger restructured and approved • 25%
Merger remains blocked • 25%
Albertsons gains market share • 25%
Kroger gains market share • 25%
Both gain market share • 25%
Neither gain market share • 25%
New merger or acquisition attempt • 25%
Expansion of existing operations • 25%
Major investment in technology or logistics • 25%
Other • 25%
Yes • 50%
No • 50%