Albertsons’ $4B Dividend Payout Put On Hold

Kroger-Marketplace store exterior

At a glance

  • Washington’s King County court has granted a nationwide temporary restraining order, according to a Tweet from State Attorney General Bob Ferguson.
  • “We’ll be back in court Nov. 10 seeking an injunction to keep the dividend on hold while our lawsuit continues,” Ferguson said in a tweet.
  • Last month, supermarket operator Kroger announced its intension to buy Albertsons in a $25 billion deal.

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