Kroger CEO vows legal fight for Albertsons deal if necessary

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Kroger CEO vows legal fight for Albertsons deal if necessary
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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.

The Cincinnati-based grocer has been holding discussions with the FTC about the agreement and the process is “where we thought we would be at this time,” he said.

A successful outcome would mean that “the combined company will create the right environment and lower prices, and we’ll be able to divest stores to somebody that’s good.

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