Discover this podcast and so much more

Podcasts are free to enjoy without a subscription. We also offer ebooks, audiobooks, and so much more from just $11.99/month.

How the largest U.S. supermarket merger in history imploded

UNLIMITED

How the largest U.S. supermarket merger in history imploded

FromBeat Check with The Oregonian


UNLIMITED

How the largest U.S. supermarket merger in history imploded

FromBeat Check with The Oregonian

ratings:
Length:
20 minutes
Released:
Dec 16, 2024
Format:
Podcast episode

Description

Last week, plans for the largest U.S. supermarket merger in history imploded in spectacular fashion.
First, an Oregon federal judge blocked the $24.6 billion bid by Kroger to take over Albertson’s, its next largest rival.
Less than 24 hours later, Albertsons, which also owns Safeway, pulled out of the deal entirely — and then filed a massive lawsuit against Kroger, the parent company of Fred Meyer and QFC.
The bitter breakup marks the end of a two-year saga that stood to upend grocery shopping across Oregon and centered largely right here in Portland.
On the latest Beat Check, Oregonian/OregonLive reporters Kristine de Leon and Shane Dixon Kavanaugh unpack the final twists and turns of the supermarket deal gone sour.
Learn more about your ad choices. Visit megaphone.fm/adchoices
Released:
Dec 16, 2024
Format:
Podcast episode

Titles in the series (100)

A weekly look inside Oregon's biggest news stories with the journalists at The Oregonian/OregonLive.com.