Washington puts indefinite hold on Albertsons’ $4-billion dividend as FTC begins asking questions

2022-12-19T10:10:34-08:00December 19th, 2022|Categories: Economy|Tags: , , |

By Don Day Source: Boise Dev Albertsons Companies, in connection with its merger with Kroger, hoped to hand out a $4 billion dividend payment to shareholders last month. But it won’t be happening soon. The Washington State Superior Court decided to extend a temporary restraining order against the payment indefinitely. That extends an earlier order from a lower court that started in November and saw several delays. Last week, Albertsons won in a lower court, but the judge said [...]