Big Grocery Merger Gets Chilly Reception by Senators Worried About Price and Quality
Business
Big Grocery Merger Gets Chilly Reception by Senators Worried About Price and Quality
2022-11-29 22:49:18
by Tom Ramstack

WASHINGTON — A Senate panel showed a cynical attitude toward a proposed $24.6 billion merger of major grocery chains Kroger Co. and Albertsons Cos. during a hearing Tuesday. The chief executive officers promised consumers would benefit if the Federal Trade... Read More

Frontier Airlines Buying Spirit in $3B Low-Cost Carrier Deal
Aviation
Frontier Airlines Buying Spirit in $3B Low-Cost Carrier Deal

Frontier is buying Spirit Airlines in a $2.9 billion cash-and-stock deal that will create the nation's fifth largest carrier. The tie-up is valued at $6.6 billion when accounting for the assumption of debt and other liabilities. The companies said Monday... Read More

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