Rite Aid Shareholder Notice: Join Us "Against" the Merger of Rite Aid with Albertsons as New 15 May Presentation Identifies No Significant Changes
Rite Aid and Albertsons hosted a short notice, invite only, almost day long meeting with analysts last week. Based on the slides presented, it appears like an attempt to re-explain/re-spin the benefits of the two companies merging from the February 20 presentation with a lot more slides, slicker graphics and videos, and updated with the reported fourth quarter financial numbers. As we already knew, they'll be #5 in revenue and #1 by debt leverage in a competitive, low margin business.
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