FTC reportedly set to block WBA/RAD deal; Rite Aid
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Posted On: 06/09/2017 12:59:08 PM
Re: Roger Wilco #135
FTC reportedly set to block WBA/RAD deal; Rite Aid down 14%, Fred's down 5%
Jun. 9, 2017 12:33 PM ET|By: Stephen Alpher, SA News Editor
https://seekingalpha.com/news/3272690-ftc-rep...-5-percent
According to Capital Forum, FTC staff are preparing a suit set to block the Walgreens (WBA -0.6%)/Rite Aid (RAD -13.9%) merger.
Among the issues is concern that Fred's (FRED -5.2%) can't step in to replace Rite Aid as a competitor.
Now read: Risk Arbitrage Today: Dissecting Rite Aid's Letter
https://seekingalpha.com/article/4079544-risk...ids-letter
Jun. 9, 2017 12:33 PM ET|By: Stephen Alpher, SA News Editor
https://seekingalpha.com/news/3272690-ftc-rep...-5-percent
According to Capital Forum, FTC staff are preparing a suit set to block the Walgreens (WBA -0.6%)/Rite Aid (RAD -13.9%) merger.
Among the issues is concern that Fred's (FRED -5.2%) can't step in to replace Rite Aid as a competitor.
Now read: Risk Arbitrage Today: Dissecting Rite Aid's Letter
https://seekingalpha.com/article/4079544-risk...ids-letter
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(0)Rite Aid Corp. (RADCQ) Stock Research Links
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