Walgreens Boots Alliance Inc (WBA)

[big-yank]

Anyone following the thread on the Rite Aid Yahoo Finance board and the letter (of dubious origin) which is quoted as stating RAD will file for CH XI and reorganize its massive debt? I have serious reservations about the accuracy of this item, but the poster is a longterm regular on that board and while negative towards the stock, has not previously posted anything that was way out of bounds that I recall.

The possibility of a RAD bankruptcy is not implausable and could have a profound affect on Walgreens S/P during any lengthy re-org period of time. It could also radically shift the leverage PBM's might have in negotiating reimbursement rates with WAG.

Comments or thoughts appreciated.

GLTA,

Yank