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California is preparing a lawsuit to block Kroger’s $24.6-billion acquisition of Albertsons on concerns the deal could hurt consumers and workers. ....
Albertsons says a controversial $4-billion merger dividend is part of its growth strategy. How is taking on debt to funnel money to insiders helping it grow? ....
Several state attorneys general, among them California's Ron Bonta, have demanded that Albertsons delay paying a $4-billion dividend to investors until after the company's merger with competitor supermarket chain Kroger is reviewed by the Federal Trade Commission. ....