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The $600M break fee has three triggers, not one: reading section 8.4(c) of the Albertsons/Kroger merger agreement

A summary of the Albertsons/Kroger merger agreement went around saying the $600 million break fee is payable "only if a court blocks the deal." I pulled the filed agreement and read the clause. It has three triggers. One of them does not need a court to finish anything. The clause Source: EX-2.1 of…

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  1. 2026-11-01 10:25 · DEV Community — AI
    The $600M break fee has three triggers, not one: reading section 8.4(c) of the Albertsons/Kroger merger agreement

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