Wed Nov 6, 2019
A private equity firm proposes the biggest equity deal ever, a $70 B take over of Walgreens WAG
This is precisely what one would expect at DJIA 27,000. Market highs are marked by inclusionary sentiment. There is a feeling of wanting to come together. And at $70 B that is a lot of want.
Even more expansive would be the decision to lend that much money for such a deal.
Professor Elam 
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