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I also don't expect RAD to offer much value on its own merits mainly due to the company's deteriorating operating results and high debt load.All in all, I'm bearish on RAD at current prices and see the stock as a high-risk, low-reward play considering the likely outcome of the FTC's review and Rite Aid's poor and stagnating operating performance.
A report back in April claimed that the FTC was leaning towards a lawsuit to block the merger, which sent shares even further down. C.-based Capitol Forum reported that the acting director of the FTC's Bureau of Competition Tad Lipsky would recommend a lawsuit to block the merger in agreement with the determination of his staff the bureau.
The FTC will make a judgement on the Rite-Aid-Walgreen's merger this week.
A report is out that acting chief of the Bureau of Competition Tad Lipsky will recommend a lawsuit to block the merger.
Telerik UI for Native Script makes building robust charts and graphs for your data a breeze, with a series of simple Java Script and markup APIs for creating data visualizations that look great in i OS and Android applications.
Let’s look at how the charts work by visualizing some data on one of my favorite topics—Pokémon!