Shareholders still have to approve and I don't see how or why a first offer would be snapped up, especially when you can see how the market is valuing the original. With the Walgreens debt pay down, RAD no longer needs a deal. My prediction is RAD will be highly volatile in the $2-3 range as speculation goes back and forth until make or break.
Bottomline: Albertson's wants and maybe even needs RAD...but not the other way around.
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