Washington state court blocks Albertsons special dividend By Reuters

© Reuters. A screen displays the company logo for Albertsons Cos Inc. on the floor of the New York Stock Exchange (NYSE) in New York City, U.S., October 14, 2022. REUTERS/Brendan McDermid/File Photo

By Mike Scarcella

(Reuters) – Washington’s state supreme court on Friday blocked Albertsons Companies Inc from paying a special dividend ahead of its acquisition by Kroger (NYSE:) Co, a court order showed.

The court extended a block put in place by a lower court, and said the block would remain in place until a further order of the court.

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