WBA Alert: Monsey Firm of Wohl & Fruchter Investigating Fairness of the Sale of Walgreens Boots Alliance to Sycamore Partners
1. WBA agreed to sell for $11.45 per share, below analyst targets. 2. Additional $3.00 per share possible from VillageMD monetization. 3. Shareholders express significant dissatisfaction with the sale price. 4. Investigation launched on fairness of sale by Wohl & Fruchter LLP. 5. Sale price significantly lower than WBA's 52-week high of $22.05.