Stratrix
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

BusinessDealWhenValue
865 Rite Aid stores and certain other assets
Word 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 acquisitionDecember 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
acquisitionApril 10, 2015—
four new and 18 incremental pharmacies
Word 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
acquisitionIn 2016$12.7 million
Specialty pharmacy business
Word 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——
Pharmacies
Word for word“Additionally, $1.9 million was invested in the acquisitions of pharmacies in 2017.” 10-K for 2018
acquisition2017$1.9 million

Deal filings since 2016

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.