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Jewel parent Albertsons sued by Illinois Attorney General Kwame Raoul
The lawsuit, filed in the US District Courtroom for the District of Columbia, aims to halt Albertsons’ payout till the attorneys normal contend their evaluate of the merger. Raoul joined the lawyers common of California and the District of Columbia in filing the go well with. The attorneys standard argue the payout, scheduled for Nov. 7, would deprive Albertsons of cash wanted to contend correctly. Raoul claimed in a statement that the proposed merger would be a “big shakeup” in the grocery store sector as customers wrestle with inflation. “With so much at stake, it is imperative our merger evaluation method carries on, allowing for us to examine the influence…