CINCINNATI — The Kroger Co. will walk away from the largest acquisition in its history if a federal judge grants a temporary injunction to delay its $24.6 billion purchase of Albertsons Companies Inc.
If that happens, Albertsons is likely to cut jobs, close stores and seek a new buyer.
Those were two of the big takeaways from opening statements in a three-week hearing that will determine whether the merger violates antitrust rules.