I was hopeing to get at least $10 on rite aid if a buy out is close it will be under that.WHAT EVER IT IS ITS MONEY MADE
Highly unlikely. With a market cap at 2.5 B and a debt of 6.5 B, buyer would have to pay 9 B. plus all legal expenses just so you can get what it closed at today.
So, do they wait until the debt is paid down some, and the sp is 10+? Sure hope so.
Sentiment: Strong Buy
It was the rumor back in 2011that Walmart was buying maybe it has come to be .Sure was a lot of volume yesterday.