Kroger Spinoff Deal Prospects Saddled by Decade-Old Albertsons Disaster
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Hi, it’s Leah Nylen in Washington reporting on how an earlier store-sale flop could make it harder for Kroger to fend off antitrust enforcers looking at its Albertsons deal. Also today, Warburg Pincus has a new CEO.
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To complete the largest ever US supermarket merger, Kroger and Albertsons plan to sell almost 600 stores to allay antitrust concerns.