Based upon rumors and smoke signals it would seem that it wont get approved.
But any problem are to be reported and as mentioned by management on their last results report:
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If that merger was to be in jeopardy, it would be a material event to be disclosed to avoid being misleading and opening the door to lawsuit.
Fo sure the trade commission will force the selling of many many of their stores to avoid any business advantage and it is also certain that CVS will do its best to get the deal rejected.
As far as i am concern, this deal will get approved mid September with conditions that Rite Aid And Walgreen will accept.
During this time expect higher volatility based upon rumors and ear say.
So invests with that in mind.
Have fun
But any problem are to be reported and as mentioned by management on their last results report:
<
If that merger was to be in jeopardy, it would be a material event to be disclosed to avoid being misleading and opening the door to lawsuit.
Fo sure the trade commission will force the selling of many many of their stores to avoid any business advantage and it is also certain that CVS will do its best to get the deal rejected.
As far as i am concern, this deal will get approved mid September with conditions that Rite Aid And Walgreen will accept.
During this time expect higher volatility based upon rumors and ear say.
So invests with that in mind.
Have fun
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