Previous Close | 2.0000 |
Open | 2.0000 |
Bid | 0.0000 |
Ask | 4.8000 |
Strike | 21.00 |
Expire Date | 2024-09-20 |
Day's Range | 2.0000 - 2.0000 |
Contract Range | N/A |
Volume | |
Open Interest | 398 |
The federal government urged a U.S. District Court judge on Tuesday to temporarily prevent a proposed merger between Kroger and Albertsons, saying in closing arguments the combination would “almost certainly” benefit shareholders and not everyday shoppers. Lawyers for the Federal Trade Commission and for the supermarket chains gave their closing arguments at the end of a three-week hearing on the commission's request for a preliminary injunction to block the $24.6 billion deal. Kroger and Albertsons argued their merger would preserve consumer choice by allowing them to better compete against growing rivals like Walmart, Costco and Amazon.
BOISE, Idaho, September 17, 2024--Albertsons Companies, along with the Albertsons Companies Foundation, announces the recipients of the Nourishing Neighbors Innovation Spark Grants.
The Federal Trade Commission wants to block the merger. It won’t lower grocery prices, Christopher Tang writes in a guest commentary.