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Haggen sues Albertson's, alleges sabotage of spun off stores

Sep 03, 2015 - The Deal Pipeline

The legal wrangling over government-ordered divestitures Albertson's LLC carried out in return for antitrust approval of its $9 billion acquisition of rival grocery chain Safeway Inc. has taken one more turn. This week, the buyer of most of the stores Albertson's was required to divest filed a lawsuit in U.S. District Court in Delaware, alleging that Albertson's failed to live up to its obligation to assist the transition of the spun off stores to its new owner. Haggen Inc., which acquired 14...