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Washington state filed a lawsuit against Albertsons and Kroger in November to block the payment
A Washington state judge on Friday extended a temporary restraining order blocking a $4 billion dividend that Albertsons Cos. planned to pay its shareholders amid its plans to be bought by Kroger Co.
Judge Ken Schubert for the King County Superior Court in Washington sided with Albertsons and Kroger, allowing Albertsons to pay the dividend. The ruling came after the state’s attorney general filed a lawsuit in November against the companies to block the dividend.