Federal, state judges block $25 billion Kroger-Albertsons merger in Washington State, spurring lawsuit from Albertsons for breach of contract. Rep. Kim Schrier reacts.
(Seattle, WA) -- Washington Attorney General Bob Ferguson has filed a lawsuit to block Albertsons from giving a four-billion dollar payout to shareholders before a proposed merger with Kroger. Ferguson says the so-called special dividend payment risks severely undercutting Albertsons ability to compete during the time when the sale would be reviewed...