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...
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.
The state’s highest court on Tuesday declined to review a case against the dividend brought by state Attorney General Bob Ferguson, The Seattle Times reported. Albertsons ACI , which is based in Boise, Idaho, wants to pay the dividend to shareholders ahead of its proposed $25 billion merger with Kroger KR , which owns QFC and Fred Meyer.
Grocery-store closures have been a concern in the Seattle area, where Albertsons and Kroger have nearly 200 locations. Kroger and Albertsons have both repeatedly dismissed closure concerns.
Indonesia Berita Terbaru, Indonesia Berita utama
Similar News:Anda juga dapat membaca berita serupa dengan ini yang kami kumpulkan dari sumber berita lain.
Washington court paves way for Albertsons' $4 bln dividend, declines to review caseWashington state's highest court will allow Albertsons Companies Inc to pay a $4 billion dividend ahead of its proposed deal with Kroger Co , by declining on Tuesday to take up a claim that the payout would be uncompetitive.
Baca lebih lajut »
Students push for gender-based pricing ban in Washington state“To be clear, the intention of this law is not to needlessly regulate the economy, but rather to prevent discrimination,' said Gabrielle Heuer, a student at Lake Washington High School.
Baca lebih lajut »
Washington ranks 2nd-worst state in U.S. to drive in, study findsTraffic congestion, potholes, steep gas prices, left-hand exit ramps on freeways, and long red lights—there’s so much to love about driving in Washington. According to a study by WalletHub, all those headaches make it the second-worst state in the U.S. to drive in.
Baca lebih lajut »
Making sense of all the investigations being launched in Washington this yearThey range from inquiries into President Biden and his family's business dealings to President Biden's use of classified documents in the years after he left the White House as vice president.
Baca lebih lajut »
The First Gen Z Congressman Believes He Can Change WashingtonMaxwell Frost, the Gen Z Congressman from Florida, won his seat on a promise of bold change. Can he deliver in a bitterly divided House?
Baca lebih lajut »