By Catherine Douglas Moran
Source: Grocery Dive
Albertsons continues to blame Kroger for their failed merger as the grocers prepare to fight in court over a termination fee Kroger refuses to pay, according to a Saturday court filing.
Albertsons’ response to Kroger’s counterclaims comes after the grocer sued Kroger for allegedly breaching the merger contract between them. Kroger countered back in March that Albertsons concocted a secret plan to undermine its strategy to get regulatory clearance for the deal, making Albertsons ineligible for the $600 million termination fee.
Kroger’s allegations that Albertsons and C&S Wholesale Grocers, the planned divestiture buyer, plotted to undermine the merger are “pure fiction,” Albertsons said in the Saturday court document.
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