UPDATE 1-FTC, states could sue over Kroger-Albertsons $24.6 bln deal next week, Bloomberg reports

The U.S. 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. “Kroger remains in ongoing discussions with the FTC and state regulators,” a company spokesperson said. The companies are working to schedule a final meeting with the FTC to persuade the agency to not sue over their merger, Bloomberg said.

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Yahoo! Finance: ACI News

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