State attorneys general sue to block Albertsons' B payout
The attorneys general of California, Illinois and the District of Columbia are suing Albertsons to stop the grocery chain from paying nearly $4 bil...
The attorneys general of California, Illinois and the District of Columbia are suing Albertsons to stop the grocery chain from paying nearly $4 billion to its shareholdersThe attorneys general of California, Illinois and the District of Columbia are suing Albertsons in an effort to stop the grocery chain from paying a nearly $4 billion dividend to its shareholders.The lawsuit, filed Wednesday in U.S. District Court in Washington, D.C., asks the court to block the payment until the attorneys general have reviewed Albertsons' proposed merger with Kroger Co.