Albertsontus accuses Kroger after the judge decided against the merger of food

Albertsons On Wednesday formally abandoned one of the proposed $ 25 billion dollars Hooks And he presented his supermarket competitor, saying that Kroger had not violated the contract and did not meet the commitments to support the agreement.

A day comes After a judge blocked planned link.

In a news note, Albertsons said that he broke his fusion agreement with “repeated refusal for monopoly acceptance, ignoring the opinion of regulators, rejecting more powerful conventions and collaborating with Albertsons.”

“Taking the personal behavior of Kroger, Albertsons and the agreed transaction, has harmed partners’ shareholders, partners and consumers,” said Tom Moriarth’s main adviser and General Manager of Policy. “We are disappointed because you miss the possibility of being aware of significant benefits because Kroger had deliberately poor to obtain regulatory permission.”

In a document, Kroger has said the allegations of the “base and no merit”.

“It is clear that Kroger is an attempt to remove responsibility after writing abundance of the agreement, and to pay the fusion fracture fee, and that they do not have the right to do so,” said the company’s notes.

About two years ago, Kroger Announced the intention to buy Albertsons and combine forces to leave Walmart, Amazon and Costco. The agreement would put almost 40 supermarket chains, including Kroger’s Safeway of Fred Meyer and Albertsons, in a single company.

Wednesday disputes is similar to a corporate divorce fight.

Companies are discussed in discussion that the legal fees associated with the fusion is responsible for paying for the fracture fee.

Albertsons said in his news release that it owes $ 600 million due to the fusion approval, along with the long run of the unnecessary linship suffered by Albertsons. The result of Kroger’s actions. “

KROGER, on the other hand, pulled the payments made by Albertsons in his statement and said “expecting to respond to these basic claims in court.”

Albertsons and Kroger’s shares rose by about 0.5% to 1%, respectively, early Wednesday.