Legal
Colorado Files Lawsuit to Block Kroger-Albertsons Merger
- State is second to sue to stop proposed grocery deal
- Attorney general also included no-poach provision in suit
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Colorado sued to block Kroger Co.’s $24.6 billion acquisition of Albertsons Cos. in court Wednesday, becoming the second state to challenge the deal.
Attorney General Phil Weiser announced the lawsuit was filed in state court during a press conference, saying the acquisition would leave some Colorado communities with less access to groceries. A proposal to divest some stores to Piggly Wiggly chain owner C&S Wholesale Grocers Inc. wouldn’t be enough to replace the lost competition, Weiser said.