Albertsons given greenlight to proceed with $4B dividend by D.C. judge

Nov. 08, 2022 5:18 PM ETAlbertsons Companies, Inc. (ACI), KRBy: Kevin P. Curran, SA News Editor20 Comments

Wide view of the entrance to Albertsons grocery store on a bright sunny day.

Colleen Michaels/iStock Editorial via Getty Images

A federal judge in Washington, D.C. has ruled that Albertsons Companies (NYSE:ACI) may proceed with a $4B dividend announced in conjunction with its plans to merge with Kroger (NYSE:KR).

According to court documents, US

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