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The wait continues for Albertsons and its plan to make a $4 billion special dividend payout to its shareholders. A temporary restraining order regarding the payout, which was placed on the Boise ...
The special dividend payout was a stipulation in the $24.6 billion merger between Albertsons and Kroger, in which Albertsons would pay $6.85 per share to shareholders.
The merger agreement included a special dividend that Albertsons would pay $4 billion to shareholders by Nov. 7. Boise’s Albertsons hit with lawsuit to delay $4 billion payout to shareholders ...
Albertsons will now have to wait to make its $4 billion payment to shareholders, which was initially scheduled for Nov. 7. Albertsons won’t pay $4 billion in dividends on Monday after all. What ...
Albertsons and Kroger agreed upon a $24.6 billion merger last October, but a temporary restraining order had prevented Albertsons from making a payout to shareholders.
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NEW YORK (Reuters) -The attorneys general of Washington D.C., California and Illinois filed a lawsuit on Wednesday in a federal court seeking to block grocer Albertsons' $4 billion dividend payout ...
Yahoo Finance legal reporter Alexis Keenan details how several state attorneys generals are spearheading a movement to block grocery chain Albertsons' $4 billion dividend payout to shareholders ...