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The grocery megamerger is stopped by two courts
A US court has halted the $24.6-billion Kroger-Albers merger, calling it a “one-off” deal that would’ve led to “significant” market concentration. The judge said that Kroger and Albertsons didn’t do enough to win approval for the deal. The judge also said that the companies’ proposal to sell hundreds of their stores to C&S Wholesale Grocers…