**** Did it occur to you that he's doing this with the intent of knocking the price down so his buddies can get in at a lower price? ****
I have given some thought to that,
**** Duane Reade is still Walgreen. It's controlled by Walgreen, the profits are Walgreen and on their investor page it is Walgreen stock posted. As far as the FTC, for their purpose, it's Walgreen. ****
After RAD is acquired by Walgreen, they will also be controlled, owned and operated by Walgreen.
**** RAD a subsidiary of WBA that could happen but why? What would be gained? ****
In order for WBA to acquire some or most of RAD's tax benefits/NOLs, RAD would needs to continue to operate as separate legal and operating subsidiary. This is how the acquisition of Duane Reade was handled.
Is probably selling? Get back to us when you have facts and why we should care.
I've purchased about 310K shares at about $7.77. So, I didn't get the bottom and I know that there is a risk that the transaction does not close. I just believe that both parties will make sure that it does.
If not, I may have a $5 or $6 stock.
**** The purchase is complete and the long term financing is in place now they amortize the debt over a period of years. ****
The $1.8B that RAD borrowed for EnvisionRx isn't going to be amortized away, it's going to be repaid with cash or dilution.
Agreed that recent acquisitions are a handful. One thought on TX (on stores). Would it make sense for RAD to manage H.E.B. pharmacies (think CVS/ Target), while they continue to put RediClinics in H.E.B. stores? H.E.B. has about 350 stores in TX and MX (source wiki).