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

Ferguson had argued that the payment could financially weaken Albertsons and lead to shuttering locations of Albertsons and of Safeway, which Albertsons owns.

Albertsons, which is based in Boise, Idaho, wants to pay the dividend to shareholders ahead of its proposed $25 billion merger with Kroger, which owns QFC and Fred Meyer. Ferguson’s case was the final obstacle to the dividend after a federal judge in Washington, D.C., rejected similar efforts by California, Illinois and the District of Columbia.

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

Yet America gets mad about Ticketmaster and livenations monopoly.....

I'll start shopping at smaller stores. My hope is that many others tired of price fixing will do the same.

This is the Repubifucks economy supporting price gouging, monopolistic, kristofacscist aMeRiKKKa. EndTheColonialistEconomiesNow

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Washington state supreme court court OK's Albertsons' merger $4B dividendThe 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 grocery rival Kroger. Leron518 Article doesn’t mention that the owner and recipient of the $4 bil is private equity firm Cerberus…
Herkunft: ABC7Chicago - 🏆 284. / 63 Weiterlesen »

Washington state court OKs Albertsons' $4 billion dividend ahead of mergerThe 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...
Herkunft: MarketWatch - 🏆 3. / 97 Weiterlesen »

Washington state court OK’s Albertsons’ merger $4B dividendThe 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. FOX13 Gee, agowa, feel like a total moron yet? Gonna take another victory lap? Do us a favor and resign. One more reason that I will continue shopping exclusively at Winco and Grocery Outlet.
Herkunft: fox13seattle - 🏆 328. / 59 Weiterlesen »

Washington state court OK's Albertsons' merger $4B dividendFerguson had argued that the payment could financially weaken Albertsons and lead to shuttering locations of Albertsons and of Safeway, which Albertsons owns. Maybe after this failure Bob will focus on reducing crime which he seems to ignore Ferguson likes despair. Guess that's what happens when you speculate on what 'may' happen vs. what 'did' happen...our AG seems to do that a lot.
Herkunft: komonews - 🏆 272. / 63 Weiterlesen »

Washington Supreme Court OKs $4 billion dividend in giant grocery mergerThe Washington state Supreme Court has brushed aside the final remaining legal hurdle in the way of a $4 billion dividend by Safeway owner Albertsons to its shareholders ahead of a proposed merger with rival Kroger, which owns Fred Meyer. Fuck all the way off And they will have more power to price gouge for the benefit of rich shareholders after they merge. Alaska seems to be totally sleeping on this merger…
Herkunft: adndotcom - 🏆 293. / 63 Weiterlesen »