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Albertsons Sues Kroger In Chancery After Blocked Megadeal

By Jade Martinez-Pogue ( December 11, 2024, 9:36 AM EST) -- Grocery giant Albertsons, in a Wednesday lawsuit in the Delaware Court of Chancery, said Kroger did not put forth its "best efforts" into getting their planned $24.6 billion megamerger cleared while also announcing official plans to nix the deal, moves that came just one day after two judges blocked the proposed acquisition....

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