I had to re-read this article twice; and then double check with another news source. But, after all that reading, I decided that Walgreen's should stay as a good NNN Investment given that the "new" Owner of Walgreen's "Boots" from the UK, is doing what all company buyers do: cut out the fat to make the profitable Walgreen's more profitable.
Does this mean that the store you just acquired or were thinking of buying will remain open? I don't know. All of us will have to wait to see the "list."
Anyway, here is the article I read and then re-read. (Just copy and paste in your browser to read.)
http://www.wsj.com/articles/walgreens-posts-higher-earnings-expands-restructuring-program-1428579564?mod=WSJ_hp_LEFTWhatsNewsCollection
More later -- as it unfolds in front of us.
Contacting David Howes is easy -- either by: davidATdavidhowesDOTnet OR call him at: 70 25 01 93 88 AND Follow David on Twitter: @DavidAHowes
Does this mean that the store you just acquired or were thinking of buying will remain open? I don't know. All of us will have to wait to see the "list."
Anyway, here is the article I read and then re-read. (Just copy and paste in your browser to read.)
http://www.wsj.com/articles/walgreens-posts-higher-earnings-expands-restructuring-program-1428579564?mod=WSJ_hp_LEFTWhatsNewsCollection
More later -- as it unfolds in front of us.
Contacting David Howes is easy -- either by: davidATdavidhowesDOTnet OR call him at: 70 25 01 93 88 AND Follow David on Twitter: @DavidAHowes
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