Try to make last sentance more simple-Richardson(CEO) had worked for and was now being offered employment by the company(walgreens) who Arcadia was selling its more then likely biggest asset to. He had something to benefit by making walgreens happy by selling Dailymedrx to them for cheap and they possably rewarded him with a job. However, legally, he is bound to look out for our best interests not Walgreens or anyone elses in business transactions. The offer of employment to run the pharmacy at Walgreens, IMHO, looks very very bad. And I think that is what anotherboat was pointing out as part of the issue here.
Here is one point though that I have thought about though...if this was not going to work out in the end, and they knew this, why in the world would that have made it so obvious that Richardson was going to WAG and the Pharmacy looked like it was being bought for almost nothing? Unless they are just unbelievably stupid and naive, which I am sure they are not considering WAG is a 70-80b a year company, then in some ways the way they have publically gone about this leads me to believe that it will work out in the end for whoever is holding the shares when the bell tolls in April. Does that make sense to anyone? Plus, does anyone realize they could have purchased Dailymedrx and had the Arcadia BK or sease operations and then down the road hired Richardson and none of us would have beeen the wiser? If in fact they are trying to screw the shareholders here in the end, then wow they have been about as sloppy as any moron could be and just asking to get sued based on all the public info they have released blatently showing bias. They could have covered their tracks WAY WAY better. So the question is, why havent they? Maybe because in the end there will not be a need to. JMHO. But seriously, does this logic make sense to the rest of you?