Kroger Stock Up After Judge Blocks Albertsons Deal: What You Need To Know
Kroger Stock Up After Judge Blocks Albertsons Deal: What You Need To Know
Kroger Co (NYSE:KR) shares are trading higher Tuesday afternoon following reports that a U.S. judge blocked the company's proposed merger with Albertsons Companies Inc (NYSE:ACI).
克羅格公司(紐交所:KR)股票在週二下午的交易中上漲,此前有報道稱一位美國法官阻止了該公司與艾伯森的擬議合併。
What Happened: U.S. District Judge Adrienne Nelson ruled in favor of the U.S. Federal Trade Commission (FTC) in a decision filed in Oregon federal court on Tuesday, according to Bloomberg. Nelson found that the merger deal would impact competition in the grocery space.
發生了什麼:據彭博社報道,美國地區法官阿德里安·尼爾森在週二在俄勒岡聯邦法院作出裁決,支持美國聯邦貿易委員會(FTC)。尼爾森發現該合併交易會影響食品雜貨領域的競爭。
The FTC had argued that the proposed deal violated antitrust laws. The companies submitted a plan to the FTC that included the divestiture of hundreds of stores to C&S Wholesale Grocers in order to maintain appropriate competition in the space. Nelson on Tuesday found that the divestiture plans wouldn't do enough to replace competition that would be impacted as a result of the deal.
FTC曾表示,擬議的交易違反了反壟斷法。兩家公司向FTC提交了一項計劃,其中包括將數百家門店出售給C&S批發商,以維護該領域適當的競爭。尼爾森在週二認爲,出售計劃不足以替代因該交易受到影響的競爭。
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上週新聞:人工智能正在徹底改變黑色星期五購物,在線銷售達到新高。
Kroger would have owned approximately 5,000 stores across the U.S. if the deal was approved. Kroger and Albertsons argued at trial that the companies needed to merge to keep pace with global conglomerates like Walmart and Amazon, per Reuters. On the other hand, grocery workers' unions criticized the merger, arguing it was likely to result in job losses.
如果該交易獲得批准,克羅格將擁有大約5000家門店。克羅格和艾伯森在審判中辯稱,雙方需要合併以跟上沃爾瑪和亞馬遜等全球企業集團的步伐,路透社報道。另一方面,食品雜貨工人聯盟批評該合併,認爲這可能導致失業。
The report indicates that the ruling likely marks the end of the deal. Attorneys for both companies reportedly said the deal would most likely be squashed if the judge ruled in favor of the FTC.
報告指出,該裁決可能標誌着交易的結束。兩家公司的律師據稱表示,如果法官裁定支持FTC,該交易很可能被擱置。
Kroger shares jumped more than 5% on the news, while Albertsons shares fell close to 4%.
克羅格的股票因這一消息上漲超過5%,而艾伯森的股票則下跌接近4%。
KR Price Action: Kroger shares are up about 32% year-to-date. The stock closed Tuesday up 5.14% at $60.73, according to data from Benzinga Pro.
KR價格行動:截至目前,克羅格的股票上漲約32%。根據Benzinga Pro的數據,週二收盤上漲5.14%,報60.73美元。
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譯文內容由第三人軟體翻譯。