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Message Boards Settings Rite Aid Corporation (RAD) - Quote Info
Jean Coutu and CEO Mary      5-Nov-09 12:08 pm    
RAD CEO Mary paid Cadillac price for the junk stores from Jean Coutu ($2 billion cash plus 250 million shares worth about $1.5 billion). RAD and its original share holders suffered from this stupid decision. If RAD were to use this $3.5 billion to build new stores, RAD would have been much better off. Of course, Jean Coutu has been smiling. As US economy improving and potencial big new business from healthcare reform and aging baby boomers, there are big potencial ahead for RAD due to its extreme low valuation. Now Jean Coutu is talking about having RAD selling its California stores. I hope Jean Coutu is not the potencial buyer. Otherwise Mary could sell these best RAD stores to Jean Coutu at junk price. CEO Mary was either intentionally sold out RAD for her own benefits or simply an idiot.
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  Subject Author Rating Time of Post (ET)  
 
Jean Coutu and CEO Mary
robinli@sbc... (2 Ratings) 5-Nov-09 12:08 pm  
 
I think Jean Coutu is not interested to invest in ...
tartevole1 Rate it 5-Nov-09 12:32 pm  
 
Jean Coutu has no competition in Canada- He r...
termination... (1 Rating) 6-Nov-09 07:52 pm  
 
Coutu stores are more like Eckerd, Homes...
jetfocus Rate it 6-Nov-09 07:59 pm  
 
The Coutu's ego got in the way. The...
termination... Rate it 6-Nov-09 08:07 pm  
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Rite Aid Corp. (RAD)

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