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Washington Court Paves Way for Albertsons’ $4 Billion Dividend, Declining to Review Case

(Reuters) – Washington state’s highest court on Tuesday cleared the way for Albertsons Companies Inc to make a disputed $4 billion dividend ahead of the grocer’s proposed deal with rival Kroger Co, as the justices declined to take up a claim that the payout would harm industry competition.

(Reporting by Mike Scarcella)

Copyright 2023 Thomson Reuters.


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