Walgreens Boots Alliance Inc (WBA)

[Prudent Capitalist]

ROTFLMFAO!! There is no factual basis to any discussion of theft or stealing anything, which is pure nonsense. The fact remains that the deal was far more valuable to WBA if it could acquire all of RAD's outlets, and the value of the deal to WBA was significantly diminished when regulatory approval required the reduction in the locations to be acquired.

But, either way there is a windfall to RAD holders as RAD has been in serious trouble as a stand alone for some time due to its mountain of debt ($8 Billion+) and its plummeting revenue, and the analysts value RAD at considerably below the amended buyout price without the WBA deal, i.e. if the deal fails. But, based on all indications this am, the deal should close by July.

And, the frosting on the cake for WBA holders this am is WBA's announcement this morning that it will buy back $1 Billion of its outstanding shares.