WA state court OKs Albertsons’ merger $4B dividend

SEATTLE — The Washington state Supreme Court has brushed aside the final remaining legal hurdle in the way of a $4 billion dividend by Albertsons to its shareholders ahead of a proposed merger with rival Kroger. The state’s highest court on Tuesday declined to review a case against the dividend brought by state Attorney General Bob Ferguson, The Seattle Times reported. Ferguson had argued that the payment could financially weaken Albertsons and lead to shuttering locations of Albertson