Law Street Media previously reported on the announcement of the proposed merger. On the same day the merger was announced, Albertsons also announced a Special Dividend for its shareholders at $6.85 per share that would be distributed on November 7. The total value of the Special Dividend is nearly $4 billion which is worth more than two years of Albertsons' profits. The OAG argues that the Special Dividend risks significantly limiting the company's ability to operate and properly compete with Kroger which in turn would seriously impact consumers, workers and the grocery market before any regulatory oversight. The announced deal anticipated regulatory scrutiny and formulated a plan to spin off up to 650 of their stores to ease antitrust concerns and accelerate regulatory approval. However, the effort has seemed to miss the mark given the announcement and associated letter to Kroger and Albertsons.