Kroger in Talks to Merge With Albertsons
Summary : Kroger in Talks to Merge With Albertsons.
A deal could be reached as soon as this week, the report said, adding that no final decision has been taken and talks could still be delayed or falter.
Both companies did not immediately respond to Reuters’ requests for comment on the news.
Shares of Albertsons surged 8% on the news, while Kroger shares were down marginally.
A deal could be reached as soon as this week, the report said, adding that no final decision has been taken and talks could still be delayed or falter.
