InvestorsHub Logo
Followers 417
Posts 52354
Boards Moderated 13
Alias Born 12/16/2001

Re: None

Monday, 06/26/2017 3:07:09 PM

Monday, June 26, 2017 3:07:09 PM

Post# of 216
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

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.