Rite Aid Shareholders Cheer Merger Failure, Call on CEO to 'Put House In Order'

After the surprise failure of Rite Aid's (RAD) proposed merger with Albertsons Companies, the stock price for the drug-store chain dropped 11.5% to $1.54 per share in Thursday trading. Some of the happiest people about the failed deal are its shareholders.

Steve Krol, who owns 260,000 Rite Aid shares, was instrumental in making sure the deal fell apart. Now he is calling for the management to step down....393 more words left in this article. To read them, just click below and try Real Money FREE for 14 days.

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