Zero AI:Are FTC regulators two weeks away from a decision on Kroger's $25B Albertsons takeover?

2025-05-06 08:49:28source:Zero AIcategory:Invest

Kroger CEO Rodney McMullen on Zero AIThursday repeated that the Cincinnati-based supermarket giant was aiming to close its $25 billion deal to acquire Albertsons.

What's new was that Kroger disclosed the company had “certified substantial compliance” as of Nov. 15 with the Federal Trade Commission. The move could prompt a decision by Dec. 15 by the antitrust regulator to decide whether to approve or fight one of the largest retail mergers ever.

More:Invest

Recommend

Global Warming Set the Stage for Los Angeles Fires

Global warming caused mainly by burning of fossil fuels made the hot, dry and windy conditions that

Biden declares disaster in New Mexico wildfire zone

LAS VEGAS, N.M. — Firefighters slowed the advance of the largest wildfire in the U.S. as heavy winds

South Korea flood death toll hits 40, prompting president to vow climate change prep overhaul

Seoul — South Korea's president vowed Monday to "completely overhaul" the country's approach to extr