On the Record · Freds
Freds acquisitions, on the record
The businesses Freds bought and sold, as its annual reports describe them, with the cash it reported paying for acquisitions each year and every deal filing since 2016.
Deals its annual reports describe
| Business | Deal | When | Value |
|---|---|---|---|
865 Rite Aid stores and certain other assetsWord for word“On December 20, 2016, the Company announced that it entered into an Asset Purchase Agreement with Walgreens and Rite Aid to purchase 865 Rite Aid stores and certain other assets for $950 million in cash.” 10-K for 2017 | agreed acquisition | December 20, 2016 | $950 million |
Reeves-Sain Drug Store, Inc.Word for word“On April 10, 2015, we acquired 100% of the equity interests in Reeves-Sain Drug Store, Inc., a provider of retail and specialty pharmaceutical services.” 10-K for 2017 | acquisition | April 10, 2015 | — |
four new and 18 incremental pharmaciesWord for word“In 2016, the Company invested $12.7 million in the expansion of our pharmacy departments, which was used to acquire four new and 18 incremental pharmacies.” 10-K for 2017 | acquisition | In 2016 | $12.7 million |
Specialty pharmacy businessWord for word“As discussed in Note 1, during the fourth quarter of 2017, Fred’s Board of Directors approved a plan to actively market its specialty pharmacy business.” 10-K for 2018 | agreed divestiture | — | — |
PharmaciesWord for word“Additionally, $1.9 million was invested in the acquisitions of pharmacies in 2017.” 10-K for 2018 | acquisition | 2017 | $1.9 million |
prescription files and related assets from 179 retail pharmacy stores (sold to Walgreen Co.)Word for word“During the fourth quarter of fiscal 2018, we completed our sale of certain prescription files and the related data and records, retail pharmaceutical inventory and certain other assets from 179 of the Company’s retail pharmacy stores to Walgreen Co. for a cash purchase price of approximately $176.7 million.” 10-K for 2019 | divestiture | During the fourth quarter of fiscal 2018 | approximately $176.7 million |
Deal filings since 2016
- 2019-11-05 Form 8-K, Item 1.01: Entry into a Material Definitive Agreement
- 2019-09-13 Form 8-K, Item 1.01: Entry into a Material Definitive Agreement
- 2019-07-15 Form 8-K, Item 1.01: Entry into a Material Definitive Agreement
- 2019-07-05 Form 8-K, Item 1.01: Entry into a Material Definitive Agreement
- 2019-05-16 Form 8-K, Item 1.01: Entry into a Material Definitive Agreement
- 2018-12-11 Form 8-K, Item 2.01: Completion of Acquisition or Disposition of Assets
- 2018-11-27 Form 8-K, Item 2.01: Completion of Acquisition or Disposition of Assets
- 2018-10-19 Form 8-K, Item 1.01: Entry into a Material Definitive Agreement
- 2018-10-11 Form 8-K, Item 1.01: Entry into a Material Definitive Agreement
- 2018-09-10 Form 8-K, Item 1.01: Entry into a Material Definitive Agreement
- 2018-08-29 Form 8-K, Item 1.01: Entry into a Material Definitive Agreement
- 2018-06-04 Form 8-K, Item 2.01: Completion of Acquisition or Disposition of Assets
- 2018-05-11 Form 8-K, Item 1.01: Entry into a Material Definitive Agreement
- 2017-09-18 Form 8-K, Item 1.01: Entry into a Material Definitive Agreement
- 2017-08-14 Form 8-K, Item 1.01: Entry into a Material Definitive Agreement
- 2017-08-03 Form 8-K, Item 1.01: Entry into a Material Definitive Agreement
- 2017-06-28 Form 8-K, Item 1.01: Entry into a Material Definitive Agreement
- 2017-06-16 Form 8-K, Item 1.01: Entry into a Material Definitive Agreement
- 2017-06-12 Form 8-K, Item 1.01: Entry into a Material Definitive Agreement
- 2017-05-31 Form 8-K, Item 1.01: Entry into a Material Definitive Agreement
- 2017-05-25 Form 8-K, Item 1.01: Entry into a Material Definitive Agreement
- 2017-04-24 Form 8-K, Item 1.01: Entry into a Material Definitive Agreement
- 2017-02-02 Form 8-K, Item 1.01: Entry into a Material Definitive Agreement
- 2017-01-24 Form 8-K, Item 1.01: Entry into a Material Definitive Agreement
- 2016-12-30 Form 8-K, Item 1.01: Entry into a Material Definitive Agreement
- 2016-12-27 Form 8-K, Item 1.01: Entry into a Material Definitive Agreement
- 2016-12-20 Form 8-K, Item 1.01: Entry into a Material Definitive Agreement
Read from Freds’s annual reports (10-K for 2019, 10-K for 2018, 10-K for 2017) and the financial data it files with the SEC, as of 2019-05-03. Every quotation is word for word from the filing linked beside it; how these pages are built and checked. The full record is in its company data sheet.