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Submission: On September 18 via manual from US — Scanned from DE
Submission: On September 18 via manual from US — Scanned from DE
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AS KROGER-ALBERTSONS MERGER CASE COMES TO A CLOSE, HERE’S HOW WALL STREET IS BETTING * Updated: Sep. 17, 2024, 1:33 p.m. * |Published: Sep. 17, 2024, 1:32 p.m. Shares in Albertsons Cos. trade on the New York Stock Exchange, where investors seem bearish on the possibility of its acquisition by Kroger moving ahead.AP Photo/Richard Drew * * * * * By * Kristine de Leon | The Oregonian/OregonLive * Matthew Kish | The Oregonian/OregonLive The federal court case over a proposed $24.6 billion sale of Albertsons to rival Kroger has reliably filled a main courtroom and, often, an overflow room, where proceedings can be viewed on a television screen. Aside from the litigants, their lawyers, legal analysts and media, other spectators have included a flock of Wall Street investment advisers and merger arbitrageurs — many of whom watched three weeks of proceedings from opening arguments last month to Tuesday morning’s closing statements. KROGER-ALBERTSONS MERGER * Kroger-Albertsons merger case is in Oregon judge’s hands as arguments wrap up * Washington state’s court case to block Kroger-Albertsons merger is set to begin. Haggen looms large * Kroger, Albertsons wrap up defense of $25B merger in court, but case is headed for overtime * Another reason Kroger wants to buy Albertsons: access to millions more customers’ data * Kroger and Albertsons have pledged to cut prices once merged. Here’s what that means If you purchase a product or register for an account through a link on our site, we may receive compensation. By using this site, you consent to our User Agreement and agree that your clicks, interactions, and personal information may be collected, recorded, and/or stored by us and social media and other third-party partners in accordance with our Privacy Policy. 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