Friday, October 30, 2015

Walgreens merger with Rite Aid

Walgreens Boots Alliance announced Tuesday that it will takeover Rite Aid for $17.2 billion.

RAD is in $7.5B in debt, about $400 - 500M in interest expense, and well under $1B in operating income.



Submitted October 30, 2015 at 11:07AM by ettuniversum http://ift.tt/1iqsFv4

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