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Albertsons' $4 billion payout to shareholders amid merger put on hold by judge

Por: MarketWatch Business November 04, 2022

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The dividend was scheduled to be paid Monday. The proposed merger would combine two of the nation’s largest grocery chains. Some critics worry that could mean reduced competition, higher food prices and the closure of under-performing locations, including some in Washington state. Albertsons , which owns Safeway, and Kroger, which owns QFC and Fred Meyer, are among the biggest players in Washington. “Putting the brakes on this $4 billion... + full article



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