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Stock impact report

Albertsons And Kroger Will Not Likely Merge As Planned [Seeking Alpha]

Kroger Company (The) (KR) 
Last kroger company (the) earnings: 3/5 08:30 am Check Earnings Report
US:NYSE Investor Relations: ir.kroger.com
Company Research Source: Seeking Alpha
The merger could create a monopsony, a single buyer, in the market for grocery workers in small towns and urban food "deserts". There are enormous political barriers to a merger from a pro-union, pro-worker, Biden Administration concerned with "equity". This deal should be abandoned and Kroger and Albertsons should work an entirely new deal with its divestiture partner, C&S Wholesalers, that would create another large competitor, but exploit economies, and so survive regulatory scrutiny. We've written about the Kroger/Albertsons merger since it was first announced as "breaking news" . In May , we expressed our doubts about whether the merger could be effected. This is to update and reiterate that view. The recent announcement that Kroger ( NYSE: KR ) and Albertsons ( NYSE: ACI ) would collectively sell more than 400 of their stores to C & S Wholesalers have contributed to sanguine aspirations Federal Trade Commission Chair Lina Khan will ultimately approve the merger of the Show less Read more
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