Replies to post #574 on Walgreens Boots Alliance Inc (WBA)

[Robbay]

Response to Big.Yank

I must admit, you where right when you stated Walgreens overpaid for Alliance Boots.
I have seen estimates as high as 2.5 billion overpayment when the A/B debt is included and this Merger is completed, which might not come to pass.

As Walgreens CFO stated Wag has debt from the legal off balance sheet leases, long term real estate leases in the Billions of dollars.
A/B problem is in Cash Flow caused by the debt taken on in the Unicem's/A/B merger.
Also the financial Exit Plan of it's partner KKR.

The Esrx impasse impacted Walgreens finances IMHO much great than reported, there for Causing such a merger, THIS WAS approved 100% by Wags Bod without shareholder approval.

Skinner and the other board members overturned McNally leadership role but have yet faced the real Question on Direction.. Enter Mr. Pessina with KKR now holding the single largest position.

I/M ASKING for your feedback on this..
I'm not buying yet..

Regards