Coverage dated November 1, 2022

States sue to halt Albertsons payout to shareholders

Headline from Local Memphis

The lawsuit argues the $4B dividend, nearly one-third of Albertsons’ market value, would deprive the company of cash it needs to operate and threaten jobs.

Local Memphis's own description from its feed. We collect headlines and these descriptions, not full articles; read the original reporting below.

Reports & sources

9 articles, oldest first.

  1. Local Memphis

    States sue to halt Albertsons payout to shareholders (opens Local Memphis)

    Published

    Local Memphis's feed description

    The lawsuit argues the $4B dividend, nearly one-third of Albertsons’ market value, would deprive the company of cash it needs to operate and threaten jobs.

  2. MyNorthwest

    State attorneys general sue to block Albertsons' $4B payout (opens MyNorthwest)

    Published

    MyNorthwest's feed description

    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

  3. The Center Square

    Washington state AG sues to stop Albertsons $4B shareholder payout ahead of Kroger merger (opens The Center Square)

    Published

    The Center Square's feed description

    (The Center Square) – Washington State Attorney General Bob Ferguson has filed a lawsuit to block Albertsons Companies Inc. from paying $4 billion in dividends to shareholders before closure of

  4. KREM Spokane

    State AGs sue to block Albertsons dividend payout during review of Kroger merger (opens KREM Spokane)

    Published

    KREM Spokane's feed description

    The lawsuit argues the $4B dividend, nearly one-third of Albertsons’ market value, would deprive the company of cash it needs to operate and threaten jobs.

Identical headlines usually mean shared wire copy. They are counted as separate articles but are not independent confirmation.

States sue to halt Albertsons payout to shareholders | Since Then