Key Points
(Bloomberg) -- A Colorado court scheduled a preliminary injunction hearing on supermarket giant Kroger Co.s.
Judge Andrew Luxen in Denver District Court said he would hold the hearing from Aug. 12-22 two weeks before a federal court will hold its own hearing on the Federal Trade Commissions efforts to block the deal..
Luxen said he would schedule a three-week trial on the Colorado attorney generals challenge to the deal on Sept. 30 through Oct. 18, which may require the companies to extend their merger agreement beyond its current deadline..
Matthew Wolf, a lawyer representing Kroger, said the supermarkets have reached a handshake deal" with C&S Wholesale Grocers Inc. for an enhanced divestiture package.".
Colorado sued in state court to block the proposed deal on Feb. 14, following Washingtons attorney general, who also sued in state court..
