According to press reports, Kroger has spent close to $500 million on legal fees and administrative expenses associated with the proposed merger with Albertsons Corp. proposed almost two years ago.  The other party in the transaction, Albertsons, has spent over $300 million, based on SEC filings. Kroger faces a walk-away charge of $600 million should the transaction not be completed.

Kroger maintains that the merger will be beneficial to employees and consumers.  Promises are being made to lower prices and increase wages after the merger. The FTC supported by the Attorneys General of nine states oppose the merger together with the United Food and Commercial Workers Union.

Kroger, the initiator of the transaction has a tough battle ahead, especially if there is no change in Administration, come January 2025.