Thom Guidi, CFA, shareholder and investment manager at Foster & Motley, was recently featured in an article by Steve Watkins of the Cincinnati Business Courier discussing the aftermath of the failed Kroger-Albertsons merger. Below is an excerpt from the article:
"The collapse of the Kroger-Albertsons merger due to the Federal Trade Commission’s intervention highlights the increasing scrutiny on large-scale corporate consolidations.”
Guidi noted that while the merger would have created significant efficiencies for the companies involved, the FTC’s antitrust concerns were a substantial hurdle. “Investors will now focus on how Kroger plans to allocate capital and pursue growth in the absence of this deal," he added.
Click here to read the full article on the Cincinnati Business Courier’s website (a subscription may be required).