As we say in the newsroom….follow the money. Thank you Cowboy State daily for this excellent reporting. I subscribe to the online Cowboy State Daily. I encourage you to do the same. Sharon and I love Wyoming! Glory!
We have many Smiths and Alberton’s in New Mexico. Smiths is owned by Albertson’s.
Can the cost of food increase anymore?…..Yes……This is not about saving jobs or saving us money! Money talks big time! The rich get richer, and we get poorer.
Cowboy State Daily
Kroger and Albertsons together have already spent almost $1 billion to push through a planned $25 billion merger of powerhouse grocery retailers, according to documents filed with the U.S. Securities and Exchange Commission.
Kroger has the lion’s share of merger expenses at $535 million through May 25. That compares to Albertsons’ $329 million through June 15. Kroger has also agreed it will pay Albertsons $600 million if the deal falls through.
With three court cases teed up against the merger — one from the Federal Trade Commission and nine states, including Wyoming, and one each from Colorado and Washington — merger costs will continue to accumulate. More Here
