Albertsons $4 bln dividend kept on hold by Washington court
Source: Reuters
Nov 10 (Reuters) - A state court in Washington on Thursday said it will extend a temporary block that has prevented Albertsons Companies Inc (ACI.N) from paying a $4 billion dividend to its shareholders before the grocery chain closes its proposed deal with rival Kroger Co .Judge Ken Schubert of King County Superior Court set a hearing for Nov. 17 to further consider whether to prolong an existing order…
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