Walgreens Boots Alliance Inc (WBA)

[Robbay]

Walgreens Board Split on Inversion:

However as reported, In Walgreens by-laws there is a provision to replace board members quickly that have failed to plan for Value creation.

Several large investors have expressed dissatisfaction with Walgreens current management returning value, in -addition these activists investors have serious doubts in Walgreens managers ability to run a Global business.

Should Walgreens walk out on the Alliance boots 2nd step, the single largest shareholder of Walgreens Co would be paid hundreds of millions in cash allowing Mr Pessina to purchase even a larger controlling interest in Walgreens.

Walgreens WBad venture would be dissolved and the ownership of ABC stock would be split allowing Alliance boots to appoint a new board member to Amerisource Bergen.
As well as potentially changing Walgreens/ABC new Distribution cost structure model, cancelling future Warrants.

The silver fox is now running the Hen House.



GLTA!