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Federal Trade Commission asks for more details on Kroger's $25 billion acquisition of Albertsons Cos.

Kroger Co.’s regulatory skirmish over its $25 billion acquisition of rival Alberstons Cos. continues to amplify.

On Tuesday, the Cincinnati-based grocery giant announced the Federal Trade Commission is seeking additional information about the deal as part of the regulatory review process. This means regulators will now have more time to vet the deal for potential antitrust issues.

The release did not elaborate on what additional information regulators are seeking from Kroger.

In a statement, Kroger…
Source: The Business Journal

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