Down 89%, Should You Buy the Dip on Walgreens Boots Alliance?

Walgreens Boots Alliance (NASDAQ: WBA) is in a pending acquisition with Sycamore Partners, a private equity firm, to take the struggling pharmacy chain private. It could end a years-long struggle for the company, which has tried to adapt to modern times and shrinking foot traffic in its stores.It would be an understatement to say Walgreens has dipped; the stock is down 89% from its high. Most people who have bought and held these shares over the past decade haven't done well.However, there is an opportunity. Investors could profit from the spread between the stock's current share price and the agreed amount Sycamore Partners might ultimately pay once the transaction finalizes. Does this opportunity's potential 36% return make Walgreens worth buying?Continue readingWeiter zum vollständigen Artikel bei MotleyFool Weiter zum vollständigen Artikel bei MotleyFool