InvestorsHub Logo
Followers 3
Posts 305
Boards Moderated 0
Alias Born 03/14/2014

Re: fung_derf post# 3317

Tuesday, 05/16/2017 2:15:32 PM

Tuesday, May 16, 2017 2:15:32 PM

Post# of 11256
It's the process, before the FTC or judge gives approval; as anyone who has worked with the US Government knows--the slowest folks to deal with are the US government. A judge, looking at the merits of Fred's application to buy the spin-off stores, Rite-Aid's and Walgreen's shareholders already having given approval, will have to draw the logical conclusion that.....The deal ought go forward, and today the deal is another step closer to that approval. The news is positive, to anyone familiar with the process, in the way the government does things.