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Food and drug retailer Kroger Co on Wednesday asked a U.S. judge to dismiss as "speculative" a consumer antitrust lawsuit alleging the company's proposed $24.6 billion acquisition of rival Albertsons Companies Inc would lessen grocer competition and drive up prices.
Kroger wants a federal judge to dismiss a lawsuit acting as an obstacle to its intended merger with Albertsons, arguing that antitrust grounds do not exists.
(Reuters) - Food and drug retailer Kroger Co on Wednesday asked a U.S. judge to dismiss as "speculative" a consumer antitrust lawsuit alleging the company's proposed $24.6 billion acquisition of rival Albertsons Companies Inc would lessen grocer competition and drive up prices. | 12:45pm
By Mike Scarcella (Reuters) - Food and drug retailer Kroger Co on Wednesday asked a U.S. judge to dismiss as "speculative" a consumer antitrust lawsui...
By Mike Scarcella (Reuters) - Food and drug retailer Kroger Co on Wednesday asked a U.S. judge to dismiss as