Kroger’s bid for Albertsons (ACI)
October 29, 2023 at 20:45 PM EDT
I fell for a pitch (Oct 2022) which said Kroger was offering to buy ACI for $34/share when the trading price was $26. In addition ACI declared a divi of $6.85/share. Too good to be true? Anyway, I bought in, at first the courts blocked the divi but eventually allowed it but the share price […]
