KIRO 7 News StaffSEATTLE — State Attorney General Bob Ferguson is leading a new effort to block Albertsons from paying out billions to investors as it prepares for a merger with Kroger.to block a $4-billion payout to shareholders, called a dividend payment, ahead of the merger.
This would hurt shoppers, as less competition means less incentive to put forth competitive prices, according to Ferguson. According to Securities and Exchange Commission filings, this dividend exceeds Albertsons’ cash on hand.
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Crooked Bob worried about his Amazon Kickbacks. What about our $30.00 license tabs ? Crook AGOWA
Oddly enough, no one cares what Sideshow Bob frets about, since he has no say. agowa
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Kroger-Albertsons Merger Could Hurt CustomersAs customers struggle to keep up with soaring food costs, the massive supermarket merger threatens to do even more damage.
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Judge stops merger of Penguin Random House, Simon & SchusterA judge blocked the $2.2 billion merger of top publishers Penguin Random House and rival Simon & Schuster, agreeing with the argument laid out by the Justice Department. 👀
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