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0 -0.000890838073048691 0.000205578016857405 6.85260056190701E-05 -0.0010964160899061 -0.00198725416295479 -0.00376893030905236 -0.00486534639895846
Stock impact report

States seek to recover $10M from Kroger and Albertsons [Yahoo! Finance]

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: Yahoo! Finance
Dive Brief: Eight states and Washington, D.C. are seeking to compel Kroger and Albertsons to reimburse them for more than $10 million in legal fees and litigation costs they incurred in mounting their successful effort to prevent the grocery chains from merging. In a petition filed on Tuesday in U.S. District Court for the District of Oregon, the nine jurisdictions said they made a “good-faith effort” to work with attorneys for the supermarket companies but could not agree on an amount for the states to receive. The states pointed out in the petition that the amount they want to collect from Kroger and Albertsons represents only a small fraction of the nearly $1.5 billion in costs the companies together racked up during their failed bid to combine Dive Insight: In laying out why they believe Kroger and Albertsons should bear the costs they incurred to oppose the merger, the states that filed the petition said the sum they are asking for is “reasonable in light of the signif Show less Read more
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