Replies to post #8373 on Rite Aid Corp (RADCQ)

[$Pistol Pete$]

That’s even better since Albertsons need us more than we need them so it is a very good deal then

[illegal_alias]

Let your voice be heard and vote for a better offer https://seekingalpha.com/article/4150445-vote-rite-aid-albertsons-merger

Sorry Gold-Coast, but the announced deal will limit any upside speculation to less than $2.50 unless a better deal is announced. But, your chance is in the link above.

[Phaeton]

The retail shareholders have now power over how the deal transacts. We are just along for the ride at this point but sadly we got screwed and don’t be surprised to see the deal challenged by a activist investor and several class action attorneys.
The rights offering back in January was to prevent Albertson’s parent company from coming in and buying shares on the open market while Standley negotiated his sweetheart deal.

Shareholders screwed.