The Walgreen-Rite Aid Merger: Help or More Stagnation?
Fred's Inc. is proposed to step in and invest in Rite Aid in order to facilitate Rite Aid's merger with Walgreen. But, the merger is once again stalled with the concern that Fred's does not have enough money to buy all of Rite Aid's stores and run them efficiently. An unknown source blatantly said that Fred's has no money.
Yikes - sounds like a recipe for disaster. Fred's Inc is a pharmacy that operates in 15 states in the southeastern United States. Do you think a company like Fred's can save a significant merger? What do you think of the Walgreen-Rite Aid merger in general?
