Kroger CEO Vows Legal Fight for Albertsons Deal If Necessary
- Grocers committed in advance to litigate, McMullen says
- Company sees ‘meaningful number’ of buyers for divested stores
Rodney McMullen during an interview in New York on Wednesday.
Photographer: Jeenah Moon/BloombergThis article is for subscribers only.
Kroger Co. said it’s committed to hunkering down for a long legal battle if US regulators attempt to block its $24.6 billion acquisition of Albertsons Cos.
“Usually you wouldn’t commit in advance to litigate. In this case we both committed to litigate in advance,” Kroger Chief Executive Officer Rodney McMullen said in an interview Wednesday at Bloomberg headquarters in New York.