Albertsons to merge with Rite Aid

[anonymous]

Privately-held Albertsons Companies is planning to buy the portion of Rite Aid that is not being sold to Walgreens Boots Alliance.

The combined value of Albertsons and Rite Aid, including debt, is around $24 billion. The proposed cash-and-stock deal will give Albertsons shareholders ownership of 71% and Rite Aid stakeholders 29% in the combined company.

Source: https://news.alphastreet.com/albertsons-to-merge-with-rite-aid/

 

[anonymous]

Privately-held Albertsons Companies is planning to buy the portion of Rite Aid that is not being sold to Walgreens Boots Alliance.

The combined value of Albertsons and Rite Aid, including debt, is around $24 billion. The proposed cash-and-stock deal will give Albertsons shareholders ownership of 71% and Rite Aid stakeholders 29% in the combined company.

Source: https://news.alphastreet.com/albertsons-to-merge-with-rite-aid/

Lowball offer. SCrewed investors up. Amazon should buy them for higher price.

philadelphia.citybizlist.com/article/467407/vote-against-the-rite-aidalbertsons-merger

 

[anonymous]

Lowball offer. SCrewed investors up. Amazon should buy them for higher price.

philadelphia.citybizlist.com/article/467407/vote-against-the-rite-aidalbertsons-merger

Agree. 12 months, the offer was higher. Amazon might hit jnj or others med supply or device first.