Retail News

Walgreens abandons full Rite Aid Buyout

U.S. News & World Report 06/29/2017

Walgreens’ management has decided that hurdles imposed by antitrust regulators has made its deal to acquire Rite Aid untenable and instead is working on a plan that will see the chain pick up 2,186 stores, three distribution centers and related inventory from Rite Aid for about $5.18 billion.

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