This company should be pursuing some alternative future suitors now that they are a pure ag play and not a retail company anymore. At the moment, they are probably thinking BBL is their only strategic partner, and BBL might buy them oiut in five years or so, but one advantage AAP has is that BBL will become addicted and reliant on AAP's oil supply in the absensce of investment in new groves. IF AAP pursued and sold themselves well to another company, like Webster (onions, walnuts, why not oilive oil), then this coudl generate some competition for the ultimate goal of AAP's grovess.
WBA Price at posting:
63.0¢ Sentiment: None Disclosure: Held
