The Kroger Co. has settled a lawsuit filed by C&S Wholesale Grocers earlier this year.
C&S sued the supermarket giant in March, following Kroger ’s failed $24.6 acquisition of Albertsons. C&S was in line to acquire nearly 600 Kroger and Albertsons stores, distribution centers and other assets as part of a divestiture plan. C&S claimed that it was owed a $125 million termination fee after the deal fell through. (In June, the company said it would acquire SpartanNash in a deal valued at $1.77 billion.)
In a short statement on Monday, Kroger, citing a Delaware Superior Court filing, said that all claims contained in the litigation have been resolved. It provided no other details, saying terms of the settlement are confidential.
"We are pleased to resolve the claims from C&S, and