Kroger and Albertsons propose selling off more Illinois stores in bid for merger approval
by Chicago Tribune
Chicago Tribune— Under federal scrutiny over their plans to merge, the grocery giants said Monday they will sell off about 20 more Illinois grocery stores than originally planned.
Salon.com—Kroger, Albertsons announce plans to sell hundreds more stores to gain merger approval. The FTC sued to block the $25 billion merger between two of the country's largest supermarket chains.
Entrepreneur—Kroger, Albertsons to Sell 166 More Grocery Stores to Appease FTC, Get Merger Approved. Kroger and Albertsons, whose $25 billion merger is currently being blocked by the Federal Trade Commission, have agreed to sell more stores to curb competition and close in on a deal.
usanewsgroup.com—Kroger, Albertsons to sell 166 more stores with $25B merger in limbo. Kroger and Albertsons said Monday the two companies are increasing the number of grocery stores they sell to C&S Wholesale Grocers to address federal regulators’ concerns about the impact of their proposed $25 billion merger on competition. An additional 166 Kroger and Albertsons stores will be sold to C&S as part of an updated divestiture […]