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Bonta Asks Court to Temporarily Block Albertsons’ $4B Investor Payout

As regulators review the proposed merger of supermarket giants Albertsons and Kroger, California Attorney General Rob Bonta and two other AGs Wednesday asked a federal court to temporarily block Albertsons’ planned $4 billion payment of a special dividend to shareholders. The payment is planned for Monday, and the AGs expressed concern that it would hamper […]