Washington state supreme court court OK's Albertsons' merger $4B dividend

  • 📰 ABC7Chicago
  • ⏱ Reading Time:
  • 16 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 10%
  • Publisher: 63%

Sverige Nyheter Nyheter

Sverige Senaste nytt,Sverige Rubriker

Washington state Supreme Court cleared final legal hurdle in the way of a $4 billion dividend by Albertsons ahead of a proposed merger with Kroger.

The Washington state Supreme Court has brushed aside the final legal hurdle in the way of a $4 billion dividend by Albertsons to its shareholders ahead of a proposed merger with KrThe 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.

In a two-page ruling, the court rejected reviewing the case or extending a temporary restraining order blocking the dividend. 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.

 

Tack för din kommentar. Din kommentar kommer att publiceras efter att ha granskats.

Article doesn’t mention that the owner and recipient of the $4 bil is private equity firm Cerberus…

Leron518

Vi har sammanfattat den här nyheten så att du kan läsa den snabbt. Om du är intresserad av nyheterna kan du läsa hela texten här. Läs mer:

 /  🏆 284. in SE

Sverige Senaste nytt, Sverige Rubriker

Similar News:Du kan också läsa nyheter som liknar den här som vi har samlat in från andra nyhetskällor.

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...
Källa: MarketWatch - 🏆 3. / 97 Läs mer »

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.
Källa: dcexaminer - 🏆 6. / 94 Läs mer »