FTC Plans to Meet on June 29 as Rite Aid (RAD)/Walgreens (WBA) Deadline Looms

Rite Aid (RAD) Trades at Session High, Up 12%

June 28, 2017 2:02 PM EDT

Rite Aid (NYSE: RAD) surged to session highs Wednesday afternoon, climbing 12%. The FTC is expected to vote on its merge with Walgreens tomorrow and speculation is running rampant.

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Walgreens (WBA) Seen Gearing Up for Legal Fight with FTC Over Rite Aid (RAD) - Source

June 26, 2017 3:22 PM EDT

As the FTC prepares to vote on the merger between Rite Aid (NYSE: RAD) and Walgreens (NYSE: WBA), many investors are already looking past the decision with an eye on the legal battle that may determine the fate of the multi-billion dollar tie-up. The FTC is widely expected to block the deal. However, according to a source familiar with the companys thinking, Walgreens is positioning for a fight.

Walgreens has already certified compliance to force the FTC into a decision by July 7th.... More

UPDATE: Rite Aid (RAD) Gains on Volume; CTFN Speculates on Merger Approval

June 26, 2017 11:07 AM EDT

(Updated - June 26, 2017 11:13 AM EDT)

(updated to add link to story)

Rite Aid (NYSE: RAD) gains on volume.

UPDATE: Upside appears related to a CTFN article saying the merger with WBA will be approved.... More

Rite Aid (RAD) Has 124% Upside, 28% Downside Into Next Week's FTC Vote

June 23, 2017 1:36 PM EDT

After nearly 2 years of dragging its feet, the FTC decision on Walgreens (NYSE: WBA)/Rite Aid (NYSE: RAD) is finally upon us. While the FTC is not confirming or denying the official date, all signs point to the vote being held next week. The FTC technically has until July 7 to vote, after the companies forced... More

FTC Said Set to Vote on Rite Aid (RAD)/Walgreens (WBA) Next Week - Bloomberg, Citing Capital Forum

June 22, 2017 2:10 PM EDT

(Updated - June 22, 2017 2:11 PM EDT)

FTC Said Set to Vote on Rite Aid (NYSE: RAD)/Walgreens (Nasdaq: WBA) Next Week - Bloomberg, Citing Capital Forum

FTC's Tad Lipsky Said Set to Recommend Blocking Deal... More

Leerink Sees 30% Chance Walgreens (WBA)/Rite Aid (RAD) Merger is Approved; Says an Upside Surprise is Possible

June 22, 2017 9:09 AM EDT

Leerink analyst David Larsen is placing on 30% odds on the Walgreens Boots Alliance (NASDAQ: WBA)/Rite Aid (NYSE: RAD) deal being approved by the FTC, which they believe is higher than consensus.

Larsen said a MEDACorp specialist whom they spoke with believes the FTC staff is potentially putting together a case and a recommendation to block the deal, but it has yet to pass onto the Commissioners who will be making the... More