Rite Aid Corp (RADCQ)

[Phaeton]

Blood in the water for Shorts & Longs with Rite Aid.

Read this great document on Activist Investing. It will give you insight to what will probably play out on Rite Aid.

The company is going to have somebody step up perhaps as soon as the shareholders meeting on July 17, 2017 and make a move to clean up the Board and Management or a Private equity firm take it private before they sell the stores to Walgreens.

this is a report of all the Activist Investors that shook up companies in 2016. Its a great read either for our current situation with Rite Aid or other companies we have struggled with our investments.

Rite Aid is ripe since the break up with WBA last week.

2016 Shareholder Activism Review

https://insight.factset.com/hubfs/Resources/Research%20Desk/Market%20Insight/FactSet%27s%202016%20Year-End%20Activism%20Review_2.1.17.pdf

I personally will not cut and run from Rite Aid as I think this will play out by the end of 2017. There is too much value to be unlocked and a PE company or Activist investor like one of the Big 10. will seize the opportunity to make big returns on Rite Aid.

Who will it be?
Here are the 10 biggest activist money investors

10. Blue Harbour Group,
9. MHR,
8. Starboard Value,
7. Sachem Head Capital Management,
6. Trian Fund Management,
5. Cevian Capital,
4. Pershing Square Capital Management
3. ValueAct Capital Partners,
2. Third Point Partners,
1. Icahn Enterprises

Of course there or other out there or one or more can work together in partnership.