Why Walgreens Is A Buy, Regardless Of Rite-Aid Deal

Walgreens Boots Alliance Inc WBA 0.79% and Rite Aid Corporation RAD 0.28% shareholders have been in limbo in recent months, as they wait to see whether the proposed merger of the two drugstore chains will be approved by regulators. Earlier this month, FTC commissioner Terrell McSweeny said the FTC sees a “troubling decrease in competition”…