The Walgreens Rite Aid buyout terms have changed, and RAD stock owners must consider there is more to this story with WBA.
The NY Post has proven itself wrong throughout the Walgreens Rite Aid buyout. RAD stock and WBA stock owners can’t read too much into latest report.
Trump’s FTC will ultimately review Walgreen Boots Alliance’s Rite Aid buyout offer, because WBA will extend the deadline to buy RAD.
Why RAD stock and FRED stock will & can go much lower if the Walgreens Rite Aid merger is blocked. However, there is light at the end of the tunnel for RAD.
Reportedly, the Walgreens Rite Aid merger is a no go. Here’s how investors should play WBA stock, FRED stock, and RAD stock on the news.
After owning RAD stock since $1.23 and being overly bullish in favor of the Walgreens Rite Aid merger, I finally divested the stake and moved to WBA stock.
RAD stock is about equal risk to cash and will significantly outperform stocks in early 2017. That makes Rite Aid stock’s $0.20 loss very attractive.