Kroger and Albertsons Sell Hundreds of Stores in Merger Clearing Bid
TL;DR
Kroger and Albertsons are selling over 400 stores and other assets to C&S Wholesale Grocers for approximately $1.9 billion in order to complete their merger. The deal includes the sale of 24 Albertsons stores in Arizona, as well as the divestment of several private label brands. The agreement comes after seven secretaries of state, including Arizona's, urged the FTC to reject the merger.
- Kroger and Albertsons sell hundreds of stores in a bid to clear merger of the 2 largest US groceries ABC15 Arizona in Phoenix
- 24 Albertsons supermarkets in Arizona to be sold as part of Kroger merger The Arizona Republic
- Kroger and Albertsons agree to sell 104 WA stores as part of merger The Seattle Times
- Kroger, Albertsons plan to sell 40+ Oregon stores KOIN 6
- Kroger, Albertsons To Sell 413 Stores, Including 12 In Wyoming Cowboy State Daily
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Read on ABC15 Arizona in Phoenix