WA Supreme Court speeds up review of Albertsons' B dividend payout ahead of sale

The fate of Washington state Attorney General Bob Ferguson 's temporary restraining order against Albertsons' $4 billion shareholder dividend will ...

January 10, 2023
6:04 AM

The fate of Washington state Attorney General Bob Ferguson 's temporary restraining order against Albertsons' $4 billion shareholder dividend will soon be in the hands of the state Supreme Court. Ferguson filed the order in November, seeking to stop the special payment while state and federal authorities vet the grocer's $25 billion sale to Kroger. Following rulings against other orders from attorneys general across the country, Ferguson's appeal could be the dividend's last remaining legal roadblock.

Joey Thompson