(Retail takeover poll updated with CKE Restaurants news.)
NEW YORK (
(RAD - Get Report)
is the most likely takeover target in today's market, according to a recent poll by the
The drugstore has raised eyebrows since
announced its purchase of Duane Reade back in February. The
deal ignited chatter of other possible buyouts in the sector
poll, 60% said Rite Aid will be bought out within the next year.
have been cited as possible suitors, as has
. Private equity it also a viable option, and would give Rite Aid a chance to get rid of its debt and make structural changes out of the public eye.
is also being bandied about as a potential takeover target, with
emerging this week as the lead suitor. Still, just 15.4% of voters believe a deal for Palm will get done.
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This isn't a surprise given how many possible buyers, including
, have already passed on a deal. Fear arose this week that Palm might be unable to find a buyer after it was announced that Michael Abbot, senior vice president of software and services, is leaving the company.
rumors were reinvigorated this week after a BB&T analyst told the
Dallas Business Journal
that the rumors are likely true.
New York Post
broke the RadioShack news earlier this year, and analyst Anthony Chukumba said the paper has a good track record when it comes to reporting these types of acquisitions.