merger News Updates

BusinessLogisticsFor-Hire

Forward Air Reaches Deal With Omni Logistics on Acquisition

Forward Air Corp. and Omni Logistics have settled litigation surrounding a planned merger that allows a deal to proceed under amended terms, the companies announced Jan. 22.

January 22, 2024
GovernmentBusiness

Biden鈥檚 Crackdown on Illegal Mergers Cemented With New Rules

Antitrust agencies have finalized an overhaul of rules the government uses to determine whether deals violate competition law to extend a crackdown on illegal mergers and acquisitions.

December 18, 2023
GovernmentBusiness

Kroger, Albertsons Bracing for January FTC Decision on Deal

Kroger Co. and Albertsons Cos. are bracing for a Federal Trade Commission lawsuit over their $24.6 billion tie-up as soon as January as opposition builds against the supermarket megadeal.

December 14, 2023
GovernmentBusinessPrivateTCA

Kroger-Albertsons Merger Draws Protest From State Officials

The proposed merger of food retail giants Kroger and Albertsons has elicited criticism from seven secretaries of state.

August 22, 2023
BusinessLogisticsFor-Hire

Forward Air Plans Merger With Omni Logistics

Forward Air Corp. and Omni Logistics announced Aug. 10 that they have entered into a definitive agreement to combine in a cash-and-stock transaction.

August 10, 2023
BusinessLogisticsFor-HireTCA

U.S. Xpress Cuts Corporate Staff Ahead of Knight-Swift Deal

After losses widened in Q1, U.S. Xpress has cut its corporate staff for the third time in the past year as the trucking giant prepares to merge with the larger Knight-Swift Transportation.

May 12, 2023
GovernmentBusinessPrivate

Kroger CEO Vows Legal Fight for Albertsons Deal if Necessary

Kroger Co. said it鈥檚 committed to hunkering down for a long legal battle if U.S. regulators attempt to block its $24.6 billion acquisition of Albertsons Cos.

May 11, 2023
GovernmentBusiness

Buttigieg, DOT Push Crackdown on Transportation Mergers

Transportation regulators are shifting how they view competition and will ensure airlines, railroads and others serve consumers, according to聽Secretary Pete Buttigieg.

March 14, 2023
GovernmentBusinessLogisticsPrivate

Kroger, Albertsons CEOs Face Senate Questions Over Merger

Senators pressed the CEOs of Kroger Co. and Albertsons Cos. on Nov. 29 about whether their proposed $24.6 billion deal to create a supermarket giant will benefit consumers in an era of rising inflation.

November 30, 2022
GovernmentBusinessLogisticsTCA

Iowa County to Oppose CP-KCS Merger

Supervisors in Scott County, Iowa, plan to pen a letter opposing the merger of two North American rail companies that鈥檚 expected to drastically increase train traffic along the Mississippi River there.

August 22, 2022