The United States Federal Trade Commission and a group of states could sue as soon as next week to block grocer Kroger’s proposed $24.6 billion deal to buy smaller rival Albertsons, Bloomberg News reported on Tuesday, citing people familiar with the matter. Kroger, Albertsons and the FTC did not immediately respond to Reuters’ requests for comment. The companies are working to schedule meetings with the FTC to persuade the agency to not sue over their merger, Bloomberg’s report said.
Yahoo! Finance: ACI News
