Washington Supreme Court OKs $4 billion dividend in giant grocery merger

  • 📰 adndotcom
  • ⏱ Reading Time:
  • 30 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 15%
  • Publisher: 63%

대한민국 뉴스 뉴스

대한민국 최근 뉴스,대한민국 헤드 라인

The 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.

SEATTLE — 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.brought by state Attorney General Bob FergusonFerguson 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 said in a statement Tuesday afternoon that his office respects the decision but is surprised and disappointed the state Supreme Court decided not to hear the case.Ferguson’s case was the final obstacle to the dividend after a federal judge in Washington, D.C.

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

이 소식을 빠르게 읽을 수 있도록 요약했습니다. 뉴스에 관심이 있으시면 여기에서 전문을 읽으실 수 있습니다. 더 많은 것을 읽으십시오:

 /  🏆 293. in KR
 

귀하의 의견에 감사드립니다. 귀하의 의견은 검토 후 게시됩니다.

There is nothing good about this merger for anyone but the people who are the top 1% this is only going to hurt alaska.

This seems like a thing both sides of the aisle should be able to come together on ideologically but nothing. Shows you where the money goes.

Monopolies continue to eat away at competition and drive our food prices through the roof.

Alaska seems to be totally sleeping on this merger…

And they will have more power to price gouge for the benefit of rich shareholders after they merge.

Fuck all the way off

대한민국 최근 뉴스, 대한민국 헤드 라인

Similar News:다른 뉴스 소스에서 수집한 이와 유사한 뉴스 기사를 읽을 수도 있습니다.

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…
출처: ABC7Chicago - 🏆 284. / 63 더 많은 것을 읽으십시오 »

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...
출처: MarketWatch - 🏆 3. / 97 더 많은 것을 읽으십시오 »

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.
출처: fox13seattle - 🏆 328. / 59 더 많은 것을 읽으십시오 »

Court allows Albertsons dividend payment ahead of potential mergerThe Washington Supreme Court has cleared the way for grocery store chain Albertsons to pay a $4 billion dividend ahead of a potential merger with Kroger.
출처: dcexaminer - 🏆 6. / 94 더 많은 것을 읽으십시오 »