Breaking News and Headlines
Break'n News

Albertsons, Kroger CEOs to defend $25 bln merger to skeptical U.S. senators

Source: Reuters

WASHINGTON, Nov 29 (Reuters) - Top executives at Kroger Co (KR.N) and Albertsons Companies Inc (ACI.N) are expected to face tough questions on Tuesday from lawmakers who worry the grocers' planned $25 billion merger will push up food prices at a time when inflation is a concern.Kroger Chief Executive Rodney McMullen and Albertsons' chief, Vivek Sankaran, will go before the Senate Judiciary Committee's antitrust…

This is aggregated or syndicated coverage. Reporting and media belong to the original publisher.

Read the original source at Reuters