Colorado’s attorney general filed a lawsuit on Wednesday seeking to block Kroger’s proposed $25 billion acquisition of rival supermarket chain Albertsons (ACI.N), opens new tab, saying consumers would be hurt, as the U.S. Federal Trade Commission and other states continue to scrutinize the deal. …
“We remain in active and ongoing dialogue with the Federal Trade Commission and individual state Attorneys General regarding our proposed merger and divestiture plan.” …
New Mexico Secretary of State Maggie Toulouse Oliver last week signed a letter with six other secretaries of state rejecting the $24.6 billion deal — a move that, if approved, will mean the combined companies will control nearly a quarter of the national food retail market. …
Sen. Elizabeth Warren of Massachusetts on Wednesday called on the Federal Trade Commission to block the deal. “More mergers and less competition would mean even higher prices—and layoffs for employees,” Warren said on Twitter. …
Future Co-CEOs Cathy Burns of PMA and Tom Stenzel of United Fresh have named seven current association staff leaders as the senior management team for the new combined association to be launched January 1, 2022. …
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