Last updated Jan. 22, 2024
Kroger's proposed $24.6 billion acquisition of Albertsons may not close until February, or potentially August, amid scrutiny from the Federal Trade Commission and various states.
Driving the news: Washington state's attorney general sued to block the merger on Jan.16, stating the move would limit competition and drive up consumer prices. A U.S. judge in December dismissed a consumer lawsuit claiming a similar sentiment.
