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6/26 Rite Aid: Merger Is Sunk

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TREND1 Member Level  Monday, 06/26/17 03:07:09 PM
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6/26 Rite Aid: Merger Is Sunk


•The FTC will make a judgement on the Rite-Aid-Walgreen's merger this week.

•A report is out that acting chief of the Bureau of Competition Tad Lipsky will recommend a lawsuit to block the merger.

•Lipsky was appointed by acting chief of the FTC Maureen Ohlhausen, indicating the merger will not proceed.



https://seekingalpha.com/article/4083915-rite-aid-merger-sunk


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