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The Independent UK
The Independent UK
National
Dee-Ann Durbin

State attorneys general sue to block Albertsons' $4B payout

Idaho Statesman

The 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.

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