Albertsons Companies ( (ACI) ) just unveiled an update.
Albertsons Companies, Inc. terminated its merger agreement with The Kroger Co. following a court’s preliminary injunction against the merger. This decision impacts the planned merger, halting the creation of a wholly owned subsidiary of Kroger, and reflects the legal challenges faced in the merger process.
More about Albertsons Companies
YTD Price Performance: -17.59%
Average Trading Volume: 3,207,743
Technical Sentiment Consensus Rating: Buy
Current Market Cap: $10.72B
See more data about ACI stock on TipRanks’ Stock Analysis page.