Judges say no to Kroger-Albertsons $24.6B merger
Safeway stores, including the Moses Lake location pictured here, won’t be joining the Kroger family of stores after multiple rulings announced Tuesday put a stop to a proposed $24.6 billion merger wherein Kroger had offered to purchase all outstanding shares of the Albertsons supermarkets organization, which operates Safeway and other brands.
FILE PHOTO
King County Superior Court Judge Marshall Ferguson
SEATTLE – King County Superior Court Judge Marshall Ferguson ruled Tuesday that a proposed merger between Kroger and Albertsons would eliminate sufficient competition and violate Washington antitrust laws. A ruling on a federal case against the merger was also made.
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