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Rite Aid Corporation Message Board

  • masterwallstreet masterwallstreet Sep 11, 2013 2:17 PM Flag

    Walgreens buys stake in Kerr Drug Stores

    In my opinion only as an investor I try to read in between the lines and try to guess outcomes and strategies. News and rumors are leaking out about the possibility of a buyout. if Walgreens buys a stake in Kerr Drug Stores. What are the possibilities of something going on in background? Maybe they are being acquired by Kmart, Walmart, CVS or Target. Maybe it is Walgreens strategy to acquire a stake in Kerr that when Rite Aid gets acquired by the competition Walgreens stock does not tank. Something might happen. Somebody knows something. There are a lot of ifs, possibilities and rumors. For somebody to come out on CNBC and say to hold Rite Aid and its margins are good. he also said they might get acquired. I think they are leaking news out in my opinion.

    Sentiment: Strong Buy

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