Market Chatter: Albertsons Seeking at Least $8 Billion From Kroger After Failed Merger
MT newswire2026/10/12 18:44Bitget offers one-stop trading for cryptocurrencies, stocks, and gold. Trade now!
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02:44 PM EDT, 10/12/2026 (MT Newswires) -- Albertsons (ACI) wants Kroger (KR) to pay it at least $8 billion after the companies' proposed merger failed two years ago, The Wall Street Journal reported Monday, citing an unsealed filing in Delaware Chancery Court. Albertsons claims Kroger makes "lowball offers" to federal regulators to mostly keep the most profitable stores and separate the worse-performing stores, the report said, citing the court filing. A bench trial is slated to begin on Oct. 19 and will last about two weeks, the report said. The companies didn't immediately reply to requests for comment by MT Newswires. (Market Chatter news is derived from conversations with market professionals globally. This information is believed to be from reliable sources but may include rumor and speculation. Accuracy is not guaranteed.) Price: 12.34, Change: +0.15, Percent Change: +1.19
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