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 11276
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

Join InvestorsHub

Join the InvestorsHub Community

Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.