Albertsons and Kroger are never ever getting back together
Seattle Now
KUOW News and Information
4.7 • 670 Ratings
🗓️ 12 December 2024
⏱️ 15 minutes
🧾️ Download transcript
Summary
When it comes to love and corporate mergers… breakups are hard.
Albertsons backed out of a deal with Kroger after two judges blocked the grocery companies from merging into one. Now Albertsons is suing Kroger over the failed deal.
Seattle Times Business Reporter Paul Roberts is here to make sense of the fallout.
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Transcript
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| 0:00.0 | These days, there's so much news. |
| 0:01.8 | It can be hard to keep up with what it all means for you, your family, and your community. |
| 0:06.4 | The Consider This Podcast from NPR features our award-winning journalism. |
| 0:10.7 | Six days a week, we bring you a deep dive on a news story and provide the context and analysis that helps you make sense of the news. |
| 0:17.5 | We get behind the headlines. |
| 0:19.4 | We get to the truth. |
| 0:22.8 | Listen to the Consider This podcast from NPR. Hey, good morning. It's Patricia Murphy. It's Thursday. This is Seattle now. |
| 0:31.7 | The deal is dead. Albertsons backed out of a deal with Kroger after two judges blocked the |
| 0:37.4 | grocery companies from merging into one. Now, Albertsons is su of a deal with Kroger after two judges blocked the grocery companies from merging into one. |
| 0:39.8 | Now, Albertsons is suing Kroger over the failed deal. |
| 0:43.7 | Seattle Times Business reporter Paul Roberts is here to make sense of the fallout. |
| 0:47.4 | But first, let's get you caught up. |
| 0:51.8 | The Seattle Public Library is presenting its 10-year strategic plan to the City Council today. |
| 0:58.0 | The library says it will expand its literacy program for kids and strengthen its partnerships with Seattle Public Schools. |
| 1:04.7 | The plan also promises to feature more books from Seattle and the Northwest and highlight more local authors, artists, and musicians. |
| 1:12.4 | SPL's presentation is at 9.30 this morning. You can watch it on the Seattle channel. |
| 1:18.2 | Arts and Science organizations in King County got some good news this week. The county's |
| 1:23.1 | cultural funding agency for Culture announced $165 million in grants. They'll go towards organizations |
| 1:30.5 | like the Village Theater, Duwamish Tribal Center, and Black Farmers Collective. The money |
| 1:36.0 | comes from a sales tax increase that kicked in this year and King County's lodging tax. |
| 1:41.7 | And check it out this weekend, a new biking and walking bridge over State Route 520 and |
| 1:47.4 | Monthly will open up. |
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