Tag Archives: Mergers and acquisitions

US sues to block merger of grocery giants Kroger and Albertsons, saying it could push prices higher

Read the latest: Why does the US government think a Kroger-Albertsons merger would be bad for grocery shoppers? The Federal Trade Commission sued to block a proposed merger between grocery giants Kroger and Albertsons, saying the $24.6 billion deal would eliminate competition and lead to higher prices for millions of Americans. The FTC filed an administrative complaint against the companies …

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A work-from-home tip: Don’t buy stocks after eavesdropping on your spouse’s business calls

HOUSTON (AP) — A word to the wise: If you overhear your work-from-home spouse talking business, just forget anything you may learn from it. And most definitely do not trade stocks using what authorities will almost certainly view as inside information. Tyler Loudon, a 42-year-old Houston man, learned this lesson the hard way. He pleaded guilty Thursday to securities fraud …

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