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I own a small amount of Rite Aid RAD stock. I still have a lot to learn and have been investing for about three years.
Yesterday, there was a 40% increase in RAD stock price due to announcement that it was being purchased by Walgreens.
What can I expect- nothing is certain I know- if the deal goes through? Will my RAD stock stay about the same, increase more due to the buy- out, move in step with Walgreen stock price, does RAD stock disappear from being publicly traded?

Excuse my lack of knowledge. I searched but could not find an answer, so they say the only stupid question is one you do not ask.

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