Albertsons abandons merger with Kroger after a judge temporarily blocked the deal
Albertsons called off a $25 billion merger with rival Kroger after a judge temporarily halted the deal. The grocery chain is also suing Kroger for willful breach of contract and breach of the covenant of good faith and fair dealing. CBS News Moneywatch correspondent Kelly O'Grady explains the latest developments.
Albertsons called off a $25 billion merger with rival Kroger after a judge temporarily halted the deal. The grocery chain is also suing Kroger for willful breach of contract and breach of the covenant of good faith and fair dealing. CBS News Moneywatch correspondent Kelly O'Grady explains the latest developments.
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