TL;DR CNBC

Kroger plans to lower prices by $1 billion after Albertsons merger closes

Publishing timestamp: 2024-08-15 23:33:09

Summary

Kroger plans to lower grocery prices by $1 billion after merger with Albertsons, facing antitrust lawsuits over concerns of price increase.

Sentiment: MIXED

Tickers: KR,  ACI, 

Keywords: politics,  albertsons companies inc,  business news,  kroger co,  breaking news: politics, 

Source: https://www.cnbc.com/2024/08/15/kroger-plans-to-lower-prices-by-1-billion-after-albertsons-merger-closes.html