Albertsons/Rite Aid Merger is off: What's next

reymann
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Albertsons/Rite Aid Merger is off: What's next

Post by reymann » August 11th, 2018, 10:57 am

rite aid's next course of action may be to find another private equity firm to help sell off some of the real estate in the poorer performing regions and focus on the core regions. maybe sell off the underperforming rite aid stores in the pacific northwest to cvs.

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Albertsons/Rite Aid Merger is off: What's next

Post by storewanderer » August 11th, 2018, 4:40 pm

reymann wrote:
August 11th, 2018, 10:57 am
rite aid's next course of action may be to find another private equity firm to help sell off some of the real estate in the poorer performing regions and focus on the core regions. maybe sell off the underperforming rite aid stores in the pacific northwest to cvs.
Rite Aid owns little real estate. I think they own some distribution centers and maybe 200 or 300 stores. Much of the real estate was sold off in the late 90's and early 00's under Bob Miller to keep the company afloat.

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Re: Albertsons/Rite Aid Merger is off: What's next

Post by submariner » August 11th, 2018, 7:19 pm

Hello all,

I've split this off to a new topic now that the merger is called off.

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