Albertsons

This order, which restrains the company from paying the Special Dividend, remains in effect until Nov. 10, 2022, unless within that time, an order is entered extending or dismissing the temporary restraining order.

Albertsons’ pet offerings provide pharmacy services and pilot healthcare programs to enhance convenience and reduce the financial burden associated with caring for four-legged family members.

Several attorney generals sent a letter to the CEOs of Albertsons and Kroger demanding that Albertsons delay a $4 billion payout to stockholders.

U.S. Sen. Amy Klobuchar (D-Minn.) and U.S. Sen. Mike Lee (R-Utah) announced they will hold a hearing in November to examine the proposed merger.

The retailer’s net income during the second quarter was $342.7 million compared to $295.2 million during the prior year.

Albertsons companies shareholders are expected to receive total consideration valued at $34.10 per share.

The companies may agree to a deal as soon as this week.

Drug store chains strengthen their program efforts and service activities to maximize community impact.