Albertsons Companies Issues Statement Regarding Washington Supreme Court’s Decision
Albertsons Companies, Inc. (NYSE: ACI) (“Albertsons Cos.” or “the Company”) today announced that the State of Washington Supreme Court has continued the temporary restraining order (“TRO”) against the Company’s previously announced $6.85 per common share Special Dividend (the “Special Dividend”) while the Washington Supreme Court considers if it will hear the state’s appeal. The TRO will remain in effect until there is a further order issued by the Court.
Albertsons Cos. has filed a motion to expedite the Washington Supreme Court’s review.
Albertsons Cos. continues to believe...
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