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

Beat Check with The Oregonian

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27d ago 20:16

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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.

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