By ThinkSabio #ThinkSabio Latest News
Albertsons Terminates Merger With Kroger Following Court Injunctions; Increases Quarterly Dividend By 25% To $0.15 Per Share, Authorizes $2B Share Buyback Program, And Highlights Strategic Growth Initiatives And 2024 Financial Outlook
Kroger Refutes Albertsons’ Lawsuit As Baseless And Meritless; Claims Albertsons Breached Merger Agreement And Pledges To Prove Allegations In Court While Evaluating Next Steps For Shareholder Value Creation