00:00It's Benzinga, and here's what's on the block.
00:03Kroger and Albertsons have identified over 500 store locations that they plan to sell
00:07to CNS Wholesale Grocers to help get their proposed merger approved.
00:11The store divestitures are aimed at addressing antitrust concerns raised by regulators like
00:16the FTC about the merger reducing competition in grocery markets.
00:20Kroger and Albertsons will also sell six distribution centers, a dairy plant, certain brands, and
00:25other non-store assets.
00:27The proposed merger faces ongoing legal challenges from the FTC, which argues it could lead to
00:32higher food prices for customers and less shopping choices.
00:35For all things money, visit Benzinga.com.
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