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  • saibotol saibotol Mar 8, 2012 2:23 PM Flag

    Arcadia: Don't buy our stock - New IBJ Article

    You know swanger you always have to check that an non official article gives correct information:

    "Many Arcadia investors criticized the deal as self-serving on Richardson’s behalf. Many had hoped there might be a larger agreement between Arcadia and Walgreen, which pushed Arcadia's stock price up to 5 cents per share until Feb. 17. Since then, the shares have plunged to just 1 cent apiece."

    This is written in way one would think the deal is closed, but it's not. So that's a bit weird...