Two years after Kroger’s controversial $25 billion plan to take over rival Albertsons, the deal’s fate may be decided by one woman in Portland: U.S. District Court Judge Adrienne Nelson in Oregon.
Although a court decision could still be weeks away, Wall Street analysts and investors are predicting the deal with Albertsons won’t get approved.
Judge Adrienne Nelson heard closing arguments Tuesday in the federal case in Portland, Ore., involving the $24.6 billion grocery deal. Nelson said she would take the case under advisement but did not ...