Albertsons sues Kroger over failed US retail mega-merger
Albertsons claims Kroger violated their merger agreement by not exerting “best efforts” to secure regulatory approval for the deal. Read More Yahoo! Finance: ACI News
IQ Merger Arbitrage ETF (MNA)
The IQ Merger Arbitrage ETF (MNA) seeks investment results that correspond generally to the price and yield performance of its underlying index, the IQ Merger Arbitrage Index. The fund invests at least 80% of its net assets, plus the amount of any borrowings for investment purposes, in the investments included in its underlying index. The underlying index seeks to employ a systematic investment process designed to identify opportunities in companies whose equity securities trade in developed markets, including the U.S., and which are involved in announced mergers, acquisitions and other buyout-related transactions. The fund is non-diversified.
Failure of Kroger-Albertsons Merger May Curb Grocers’ Advertising Ambitions
The deal’s failure may also impede plans by both companies to accelerate the growth of their advertising businesses. Read More Yahoo! Finance: ACI News
Kroger likely to ‘stand down’ after Albertsons ruling, says JPMorgan
JPMorgan analyst Ken Goldman found the federal judge’s injunction on Kroger’s (KR) proposed buyout of Albertsons (ACI) to be “comprehensively in favor” of the Federal…
Albertsons sues Kroger over failed US retail mega-merger
Albertsons claims Kroger violated their merger agreement by not exerting “best efforts” to secure regulatory approval for the deal. Read More Yahoo! Finance: ACI News
Albertsons quits merger and files suit while Kroger calls claims ‘baseless’
Kroger is accused of wilful contractual breaches and of failing to uphold its obligation of good faith and fair dealing. Read More Yahoo! Finance: ACI…
Kroger’s $7.5 Billion Buyback Blitz: Eyes Lower Grocery Prices And Big Returns After Albertsons Pivot
Kroger Company (NYSE:KR) shares are trading higher premarket on Thursday. The company disclosed the termination of its merger agreement with Albertsons Companies, Inc. (NYSE:ACI) following…
Capri: Large But Risky Turnaround Opportunity
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Zacks Investment Ideas feature highlights: QQQ, IWM, Microsoft, Kroger and Albertsons
QQQ, IWM, Microsoft, Kroger and Albertsons have been highlighted in this Investment Ideas article. Read More Yahoo! Finance: ACI News
AP Top Financial News at 12:22 a.m. EST
Albertsons sues Kroger for failing to win approval of their proposed supermarket merger Read More Yahoo! Finance: ACI News
Kroger launches $7.5B stock buyback after merger with Albertsons gets terminated
Post Content Read More KR, ACI ACI - News and Analysis from Seeking Alpha
Sector Update: Consumer Stocks Mixed Late Afternoon
Consumer stocks were mixed in late Wednesday afternoon trading with the Consumer Staples Select Sect Read More Yahoo! Finance: ACI News
Kroger’s Deal to Acquire Albertsons Comes to a Halt: What’s Next?
The U.S. District Judge blocks KR's deal to acquire Albertsons Companies as it might cut competition for U.S. grocery shoppers. Read More Yahoo! Finance: ACI…
Kroger Joins Line to Buy Back Debt After Albertsons Deal Fails
(Bloomberg) -- Kroger Co. has become the latest company that may be forced to buy back debt from investors after its attempt to purchase Albertsons…
Albertsons Terminates Proposed Kroger Deal After Court Rulings, Sues Kroger Over ‘Willful Breach of Contract’
Albertsons Companies (ACI) terminated its proposed $25 billion acquisition by Kroger (KR) after two Read More Yahoo! Finance: ACI News
Big Tech hopes Trump’s new FTC boss will be friendlier. Not everyone is so sure.
Donald Trump’s pick to run the Federal Trade Commission set off a fresh round of questions about what it could mean for the antitrust crackdown…
Wall Street Lunch: CPI ‘On The Sticky Side’ For November
Post Content Read More M, ACI, HSY, MDLZ, KR, COMP:IND, RCL, DXY, Wall Street Breakfast, Seeking Alpha Podcasts ACI - News and Analysis from Seeking…
Top Midday Stories: Albertsons Kills Merger Agreement, Sues Kroger; Macy’s Lowers Earnings Outlook After Accounting Probe
The S&P 500 and the Nasdaq Composite were both up in midday trading Wednesday, while the Dow Jones I Read More Yahoo! Finance: ACI News
Analysts revamp price targets after Kroger-Albertsons deal update
This is what could happen next to shares of Kroger and Albertson's. Read More Yahoo! Finance: ACI News
Albertsons-Kroger appeal win is unlikely: Former antitrust regulator
Albertsons (ACI) is filing a lawsuit against Kroger (KR) after a federal judge blocked their merger, citing antitrust concerns. The lawsuit claims Kroger breached its…
Exxon wants to extract its value from Hess Guyana assets, CEO says
Exxon Mobil want to "participate" in Hess Corp.'s sale of its Guyana oil production assets, and extract value from the work it has put into…
Albertsons calls off merger and sues Kroger
Grocery chain Albertsons called off its $25 billion blockbuster merger with Kroger Wednesday after a federal judge halted the deal. Read More Yahoo! Finance: ACI…
Albertsons is suing Kroger, saying it failed to make ‘best efforts’ to complete the grocery merger
In a bold move, Albertsons (ACI) has filed a lawsuit against Kroger (KR), accusing the grocery giant of failing to uphold its contractual obligations during…
Apple and Broadcom, Albertsons-Kroger, GM: Trending Tickers
Apple (AAPL) is reportedly working with Broadcom (AVGO) to develop a new AI chip, according to The Information. Albertsons (ACI) is filing a lawsuit against…
The Kroger-Albertsons Deal Is Off. Courthouse Drama Could Be Next
A day after a federal judge blocked the long-planned grocery merger between Kroger and Albertsons, both companies were looking forward—to what’s next for their businesses…
Update: Albertsons Sues Kroger for Alleged Breach of Merger Agreement
(Adds details in the third to sixth paragraphs and Kroger's response to a request for comment in the Read More Yahoo! Finance: ACI News
Albertsons Ends Merger Deal, Sues Kroger. Grocers Blame Each Other for Failed Deal.
Albertsons said Kroger has failed to make best efforts to secure regulatory approval of the deal, a claim the latter called “baseless.” Read More Yahoo!…
Albertsons Says It Is Terminating Merger Agreement With Kroger
Albertsons also filed a lawsuit saying the rival grocery company failed to exercise its best efforts to win regulatory approval for the $20 billion deal.…
Update: Albertsons Sues Kroger for Alleged Breach of Merger Agreement
(Adds details in the third to sixth paragraphs.) Albertsons (ACI) said Wednesday it terminated it Read More Yahoo! Finance: ACI News
Biggest stock movers Wednesday: PDCO, GME, GEV, and more
Post Content Read More M, PLAY, GME, KR, PDCO, SFIX, ACI, GEV ACI - News and Analysis from Seeking Alpha
Albertsons sues Kroger over failed merger
Albertsons has terminated the merger agreement, alleging Kroger did not offer an adequate divestiture package and repeatedly ignored regulators’ concerns. Read More Yahoo! Finance: ACI…
