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illegal_alias

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Re: proffetti post# 8698

Monday, 04/09/2018 10:54:00 AM

Monday, April 09, 2018 10:54:00 AM

Post# of 11276
How do you figure that?

https://www.marketwatch.com/Story/albertsons-withdraws-ipo-plan-because-of-rite-aid-merger-deal-2018-04-06?&siteid=yhoof2&yptr=yahoo

The IPO docs were not effective because the terms had not been completed. Just normal course of action. Proposed IPO was before the offer to buy RAD, so no longer needed.

As I understand it the deal is still 10 shares of RAD for 1 share of Albertson's plus $1.80.

But, we will have to what the market values the new Albertson's shares whenthey go public
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