Albertsons says Washington state court postpones hearing on $4 billion pre-closing dividend
( November 11, 2022, 15:17 GMT | Official Statement) -- Mlex Summary: Albertsons said that the Superior Court of King County postponed a hearing on the Washington state attorney general’s effort to stop the company's announced $4 billion extraordinary dividend to Nov. 16 and Nov. 17, and the temporary restraining order remains in effect. "Albertsons Cos. continues to believe that the claim brought by the State of Washington is meritless and provides no legal basis for canceling or postponing a dividend that has been duly and unanimously approved by Albertsons Cos.’ fully informed Board of Directors," the company7 said.See full statement below:...
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