Buy Rite Aid Stock Now, and Get Its Stores for Free
Rite Aid (NYSE: RAD) is selling over 2,100 stores to Walgreens Boots Alliance (NASDAQ: WBA), and that's got investors wondering if it will be able to survive in what's become a cutthroat industry. Nevertheless, a $2.4 billion market cap seems a bit light to me, given that the company's pharmacy services segment might be worth that much alone.
Walgreens Boots Alliance had planned on buying Rite Aid lock, stock, and barrel for between $6.50 to $7 per share, but regulators objected to the combination. As a result, Walgreens Boots Alliance has exchanged plans for an outright purchase for a plan to acquire 2,186 Rite Aid stores for $5.17 billion in cash, plus a $325 million breakup fee.
IMAGE SOURCE: GETTY IMAGES.
Source: Fool.com
Walgreens Boots Alliance Inc. Aktie
Leichtes Sell-Interesse bei Walgreens Boots Alliance Inc., mit mehr Sell- als Buy-Einschätzungen.
Trotz eines Kursziels von 11 €, das über 10.88 € liegt, ergibt sich für Walgreens Boots Alliance Inc. ein Potenzial von 1.08%.