InvestorsHub Logo
Followers 605
Posts 69362
Boards Moderated 1
Alias Born 01/09/2007

Re: None

Wednesday, 04/19/2017 3:03:18 PM

Wednesday, April 19, 2017 3:03:18 PM

Post# of 11254
Rite Aid and Fred's hit on report of possible FTC lawsuit

Apr. 19, 2017 1:24 PM ET|
About: Rite Aid Corporation (RAD)|
By: Clark Schultz, SA News Editor

Rite Aid (RAD -6%) and Fred's (FRED -5.2%) fall sharply after Capitol Forum reports that the FTC is considering a lawsuit over the merger of Rite Aid and Walgreen Boots Alliance (WBA +0.5%).

Some analysts have warned that Walgreens was playing a dangerous game with the FTC by pushing up the regulatory timeline.

https://seekingalpha.com/news/3257977-rite-aid-freds-hit-report-possible-ftc-lawsuit?uprof=75&dr=1#email_link