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Fred's Is The Big Loser In The Rite Aid-Walgreens Deal
Thursday, June 29, 2017 - 8:19am | 420Read More...Walgreens Boots Alliance Inc (NASDAQ: WBA)'s proposed acquisition of smaller rival Rite Aid Corporation (NYSE: RAD) was unlikely to receive regulatory approval unless it were to divest hundreds of stores to ease competitive concerns. Fred's, Inc. (NASDAQ: FRED), a relatively small pharmacy...
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Rite Aid To Sell Half Its Stores To Walgreens
Thursday, June 29, 2017 - 8:04am | 443Read More...Shares of Rite Aid Corporation (NYSE: RAD) lost nearly 20 percent Thursday morning after the retail drugstore chain confirmed a finalized asset purchase agreement with rival Walgreens Boots Alliance Inc (NASDAQ: WBA). Walgreens has attempted to acquire the entirety of Rite Aid since 2015, but...
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Kroger's Q4 Comps Looking Flat, But That's A Good Thing
Friday, January 20, 2017 - 12:39pm | 278Read More...Kroger Co (NYSE: KR) surprised the Street in early December, when it reported in-line third quarter earnings but lowered the upper-end of its adjusted earnings per share guidance for the full year lower. Kroger's stock has lost 9 percent over the past year and failed to participate in the...
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Rite Aid Tanks As Merger With Walgreens Said To Be Facing Antitrust Concerns
Friday, January 20, 2017 - 12:13pm | 381Read More...Shares of Rite Aid Corporation (NYSE: RAD) plunged lower by nearly 20 percent late Friday morning following a Bloomberg report that the company's proposed acquisition by Walgreens Boots Alliance Inc (NASDAQ: WBA) may be in jeopardy. As part of Walgreen's proposed acquisition of Rite Aid...
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Fred's Will Acquire Nearly 900 Rite Aid Stores In $950 Million Deal
Tuesday, December 20, 2016 - 10:14am | 432Read More...Walgreens Boots Alliance Inc (NASDAQ: WBA)'s proposed acquisition of smaller rival Rite Aid Corporation (NYSE: RAD) stood little chance of receiving regulatory approval unless the companies were to divest hundreds of Rite Aid stores to ease competitive concerns. Walgreens and Rite Aid were...
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Walgreens-Rite Aid Merger Is In Some Trouble Thanks To Kroger
Wednesday, October 19, 2016 - 7:24am | 382Read More...Walgreens Boots Alliance Inc's (NASDAQ: WBA) proposed merger with Rite Aid Corporation (NYSE: RAD) was unlikely to receive regulatory approval unless it took a series of actions, including divesting hundreds of properties. Walgreens (the second-largest pharmacy chain) hoped to merge with...
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New Update Spurs Renewed Hope On Rite Aid-Walgreens Deal
Friday, September 9, 2016 - 12:20pm | 503Read More...Walgreens Boots Alliance Inc (NASDAQ: WBA) proposed acquisition of Rite Aid Corporation (NYSE: RAD) has hit several roadblocks since it was officially announced to investors in 2015. M&A Update The combination of the second largest drug chain with the third largest would essentially create the...
