Kroger abandoned its planned acquisition of rival grocer Albertsons in December, but in the courts, fighting over the deal continues. Food distributor C&S Wholesale Grocers is suing Kroger for allegedly refusing to pay a $125 million termination fee after the deal fell apart. C&S agreed last year to acquire nearly 600 stores that would have been divested as part of the more than $20 billion Kroger-Albertsons deal, but the transaction was dropped after a federal judge in Oregon blocked it in December.
Yahoo! Finance: ACI News
