Albertsons Companies Issues Statement Regarding the Denial of a Request for Preliminary Injunction by the Attorney General of the State of Washington and Extension of the Temporary Restraining Order on its Special Dividend Payment
Published December 09, 2022 10:07 PM EST on BusinessWire
Albertsons Companies (NYSE: ACI) (“Albertsons Cos.” or “the Company”) today announced that the Washington State Court has denied the request for a preliminary injunction by the Attorney General of the State of Washington against the previously announced $6.85 per common share Special Dividend (the “Special Dividend”) originally scheduled to be paid on November 7, 2022, to stockholders of record as of the close of business on October 24, 2022. The Washington State Court has extended the existing temporary restraining order (“TRO”) until 4:30 p.m. PST on December 19, 2022, to give the Attorney General of the State of Washington an opportunity to appeal today’s ruling.... Read more
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