Thread regarding Rite Aid Corp. layoffs

merger

rumor around the campfire (depending on who you subscribe to) cvs is going to merge with ra that is why standley resigned.. again its rumors that are flying so who knows

by
| 1323 views | | 2 replies (last March 29, 2019) | Reply
Post ID: @OP+Ygz74tf

2 replies (most recent on top)

I agree with you like I said its rumors and management has not said a word about anything because they dont want a mass exodus. if there is a plan no one on the store level knows

by
| | Reply
Post ID: @3jmk+Ygz74tf

No way it doesn’t make any sense financially for cvs to buy. They are in massive debt due to the aetna merger. They have no free cash flow and the shareholders wouldn’t approve.

by
| | Reply
Post ID: @2rth+Ygz74tf

Post a reply

: