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Albertsons Companies, Inc. Albertsons Companies, Inc. [1] [2] is an American grocery company founded and headquartered in Boise, Idaho . With 2,253 stores as of the third quarter of fiscal year 2020 and 270,000 employees as of fiscal year 2019, [3] [8] [6] the company is the second-largest supermarket chain in North America after Kroger.
This is a list of supermarket companies in the United States of America and the names of supermarkets which are owned or franchised by these companies. For supermarkets worldwide, see List of supermarket chains .
Kroger-Albertsons merger. In October 2022, Kroger announced that it was buying grocery store chain Albertsons in a deal that valued the company at $24.6 billion. [1] On November 29, 2022, the chief executives of the two companies went before the antitrust panel of the Senate Judiciary Committee to defend the merger. [2]
What happens now that the Federal Trade Commission has taken legal action to stop Kroger’s proposed takeover of grocery rival Albertsons?
The FTC’s bid to block Kroger’s $25 billion acquisition of Albertsons will have a ‘chilling effect’ on dealmaking activity.
The Fortune 500 list of companies includes only publicly traded companies, also including tax inversion companies. There are also corporations having foundation in the United States, such as corporate headquarters, operational headquarters and independent subsidiaries. The list excludes large privately held companies such as Cargill and Koch Industries whose financial data is not necessarily ...
A King County judge blocked Kroger and Albertsons' attempt to dismiss Washington state's lawsuit against their planned merger, allowing the case to continue.