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February 24, 2023
One day after the D.C. Circuit gave the attorneys general of the District of Columbia, California and Illinois a second crack at Albertsons' $4 billion special dividend, already paid amid its planned sale to Kroger, the enforcers told a D.C. federal judge on Friday that they're dropping the case.
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January 02, 2023
Food and beverage attorneys are sure to have their hands full in 2023 litigating issues surrounding Kroger's massive $25 billion deal to buy Albertsons, claims that a California animal care law harms farmers, and a wine-soaked divorce spat between Brad Pitt and Angelina Jolie.
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December 21, 2022
A D.C. Circuit panel summarily refused Tuesday to impose an emergency pause on Albertsons' planned $4 billion dividend to shareholders ahead of its merger with Kroger, dealing one more blow to the attorneys general of D.C., California and Illinois.
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December 14, 2022
A District of Columbia federal judge, who earlier this week declined once again to prevent Albertsons from paying a $4 billion dividend to shareholders ahead of its merger with Kroger, said he did so because the D.C., California and Illinois attorneys general failed to present new, favorable evidence — a ruling the attorneys are appealing.
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December 12, 2022
A D.C. federal judge on Monday refused to prevent Albertsons from paying a $4 billion dividend that attorneys general from the District of Columbia, California and Illinois say will have an anti-competitive effect ahead of the grocery chain's merger with Kroger — and the states immediately asked to stay the ruling while they appeal.
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December 09, 2022
A Washington state judge on Friday ruled that Albertsons' $4 billion shareholder dividend ahead of its merger with Kroger wasn't anti-competitive and that, like Scrooge McDuck swimming in gold coins, Albertsons has a right to decide what to do with its money.
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December 09, 2022
Albertsons urged a D.C. federal judge Thursday to again reject the efforts of state attorneys general to block its planned $4 billion shareholder payout, arguing enforcers have offered nothing new to reverse prior conclusions that the dividend is separate from a planned merger with Kroger.
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December 05, 2022
The District of Columbia, California and Illinois asked a D.C. federal court on Monday to approve a "breakneck" briefing schedule of a matter of days for their effort to block Albertsons' planned $4 billion shareholder payout, arguing that it's necessary because the payout could occur as early as Dec. 9.
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December 01, 2022
The District of Columbia, California and Illinois again asked a D.C. federal judge to block Albertsons' planned $4 billion shareholder payout, arguing Thursday that while their temporary restraining order was rejected, they're entitled to a preliminary injunction because further investigation shows the dividend will harm Albertsons.
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November 08, 2022
A D.C. federal judge refused Tuesday to temporarily block Albertsons' planned $4 billion payment to shareholders, concluding the dividend is separate from Kroger's proposed $24.6 billion purchase of the company and thus cannot be an anti-competitive agreement, in a decision that spells trouble for any direct merger challenge.