Based on ongoing discussions with the Federal Trade Commission (FTC), Walgreens Boots Alliance (NASDAQ:WBA) and Rite Aid (NYSE:RAD) now expect to divest more stores in order to get the FTC’s timely OK on the merger.
The specific number will be higher than the previously communicated 500, but lower than 1,000.
They continue to expect the deal to close this year. WBA also maintains its expectation that the transaction will be accretive to non-GAAP earnings in the first full year after the close.
Fuente: Seeking Alpha
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