Tuesday, November 15, 2016

Election results improve odds for Walgreens, Rite Aid deal

Image result for rite aid walgreens A Trump administration increases the chance that Walgreens Boots Alliance will successfully close its proposed acquisition of Rite Aid, though the deal's actual closing date may be extended further into first quarter 2017, according to a Seeking Alpha report. 
 
"Given the current hostile environment for consumer mergers, it is hard not to believe that the new regime increases the odds of regulatory approval at least modestly,” the report said. . . . more

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