Washington sues Albertsons to block its $4B shareholder payout
The state’s attorney general said giving out the special dividend would “weaken Albertsons’ ability to continue business operations and compete” amid a proposed $24.6 billion merger with Kroger. Albertsons called the suit "meritless."
Specialty foods distributor Lipari acquired by investment firm Littlejohn
Warren, Michigan-based Lipari, which sells refrigerated specialty items, was previously owned by private equity firm H.I.G. Capital.