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Re: fung_derf post# 2876

Thursday, 05/07/2020 11:21:53 AM

Thursday, May 07, 2020 11:21:53 AM

Post# of 3158
Not sure anyone screwed anything up. The Boots merger brought in some great things and assets, but also brought with it the exposure to Europe. A lot of the decrease in WBA's share price over the past 12-18 months was attributed to Brexit and how that would impact the Boots side of the business given its heavy presence in the UK. Then COVID came along and Europe essentially shut down everywhere. WBA has remained strong in the US and the clear leader here, although it would have been more beneficial if the Fed's had not put the Kibosh on the outright acquisition of all of RAD.
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