Kroger Albertsons

A bread route salesman loads bread outside the Eagle Rock Albertsons store in Los Angeles in this file photo. Albertsons and Kroger have proposed a merger, but a $4 billion dividend Albertsons wants to pay investors before it is finalized has been paused by a judge.

Support Local Journalism


SEATTLE (AP) — A judge in Washington state has temporarily blocked Albertsons from paying a $4 billion dividend to investors as part of the grocery retailer’s proposed merger with rival Kroger.

On Thursday, King County Superior Court Commissioner Henry Judson approved a motion by state Attorney General Bob Ferguson to temporarily block the dividend until the court can more fully consider whether the payment violates antitrust laws, The Seattle Times reported.

Copyright 2022 The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed without permission.