Rite Aid (RAD) Worth Between $2.48-$3.00 - Susquehanna

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Go back to Rite Aid (RAD) Worth Between $2.48-$3.00 - Susquehanna

Kimco Sees Further Opportunity from Albertsons Companies Investment

February 20, 2018 7:11 AM EST

Albertsons-Rite Aid merger brings Companys 2020 Vision one step closer

NEW HYDE PARK, N.Y.--(BUSINESS WIRE)-- Kimco Realty Corp. (NYSE: KIM) confirms its participation as an investor in connection with todays announced execution of a definitive agreement under which Albertsons Companies (Albertsons) will acquire all outstanding shares of Rite Aid Corporation (NYSE: RAD). Following the close of the transaction, the combined company is expected to trade on the New York Stock Exchange. The merger is expected to close early in the second... More