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Albertsons

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    Former CEO defends Albertsons' $4B pre-merger dividend●Albertsons didn’t risk fiscal health with $4B pre-merger dividend, former CEO testifies✉newsHealth1 d ago

    Albertsons' former chief executive testified in court that the grocery chain's $4 billion special dividend, paid ahead of its failed merger with Kroger, did not put the company's fiscal health at risk. The payout has been a central point of contention in litigation over the collapsed deal, with critics arguing it weakened Albertsons before the merger fell apart.