Published 1 year ago

Washington state supreme court court OK's Albertsons' merger $4B dividend

Summary by Ground News

Albertsons wants to pay the dividend ahead of its proposed $25 billion merger with Kroger. State Attorney General Bob Ferguson had argued that the payment could financially weaken the company. Ferguson said he is surprised and disappointed the state Supreme Court decided not to hear the case. Grocery store unions also expressed dismay at Tuesday's ruling.

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Associated Press News

Washington state court OK’s Albertsons’ merger $4B dividend

The Washington state Supreme Court has brushed aside the final remaining legal hurdle in the way of a $4 billion dividend by Albertsons to its shareholders ahead of a proposed

1 year ago·United States

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KIFI

Washington state court OK’s Albertsons’ merger $4B dividend

SEATTLE (AP) — The Washington state Supreme Court has brushed aside the final remaining legal hurdle in the way of a $4 billion dividend by Albertsons to its shareholders ahead of a proposed merger with rival Kroger. The state’s highest court on Tuesday declined to review a case against the dividend brought by state Attorney General Bob Ferguson, The Seattle Times reported. Ferguson had argued that the payment could financially weaken Albertso…

1 year ago·Idaho Falls, United States

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abc 7 Chicago

Washington state supreme court court OK's Albertsons' merger $4B dividend

Washington state Supreme Court cleared final legal hurdle in the way of a $4 billion dividend by Albertsons ahead of a proposed merger with Kroger.

1 year ago·Chicago, United States

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Spectrum News

Washington state court OK’s Albertsons’ merger $4B dividend

Albertsons will immediately begin the process of paying the dividend to stockholders, the company said in a statement Thursday afternoon.

1 year ago·United States

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My Mother Lode

Washington state court OK’s Albertsons’ merger $4B dividend

1 year ago

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KDVR

Washington court OKs Albertsons’ merger $4B dividend

SEATTLE (AP) — The Washington state Supreme Court has brushed aside the final remaining legal hurdle in the way of a $4 billion dividend by Albertsons to its shareholders ahead of a proposed merger with rival Kroger. The state’s highest court on Tuesday declined to review a case against the dividend brought by state Attorney General Bob Ferguson, The Seattle Times reported. Don’t follow GPS during the snowstorm, police warn Ferguson ha…

1 year ago·Denver, United States

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