AG Weiser thrusts Colorado into fight against Albertsons-Kroger merger
DENVER — Colorado Attorney General Phil Weiser said Thursday that the Centennial State will “lead” a “multi-state effort” to investigate the proposed $24.6 billion merger of Kroger Co. (NYSE: KR), the parent company of Colorado-based grocery chain King Soopers, and Albertsons Cos. (NYSE: ACI).
The state’s top lawyer also revealed that his office has filed a brief in support of a lawsuit from Washington Attorney General Bob Ferguson that seeks to block a $4 billion payout to Albertsons investors.
“I’ve got deep concerns about this merger,” Weiser said Thursday during a Zoom call with reporters. “… The concerns are related to consumers…
THIS ARTICLE IS FOR SUBSCRIBERS ONLY
Continue reading for less than $3 per week!
Get a month of award-winning local business news, trends and insights
Access award-winning content today!
Related Posts
-
A trio of Boulder startup scene veterans is reviving the local Techstars accelerator program, which…
-
Louisville-based online used bike retailer The Pro’s Closet, which announced this month that it would…
-
Greeley's former Red Lobster restaurant is on tap to become a convenience stores and gas…
-
Gogo Inc. (Nasdaq: GOGO), a Broomfield-based provider of broadband connectivity services for the business aviation…
