By the numbers: Colorado鈥檚 antitrust trial to block the Kroger-Albertsons merger
The Kroger-Alberstons merger trial is scheduled to end Thursday. Here are some numbers we鈥檝e learned that could impact Colorado.
(Handout from Albertsons Companies Inc.)
After three weeks of testimony in Denver District Court,聽a聽聽is nearing its conclusion. There’s been a lot to take in during the sometimes 10-hour days and attorneys from the Colorado Attorney General’s Office, Kroger and Albertsons are scheduled to wrap up Thursday.聽
But if you’re just tuning in, here are some numbers and notes we’ve learned that could impact Colorado:
$24.6 billion
Amount The Kroger Co. pays Albertsons Companies Inc. shareholders on close of the merger (that’s $34.10 per share)
105
Albertsons owns 103 Safeways and 2 Albertsons. In Colorado, Kroger owns 150 stores: and .
Kroger would keep all of its stores in Colorado and 14 Safeways in the state. C&S Wholesale Grocer would buy the remaining 91 Albertsons-owned stores in Colorado.
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