How are things going with Walgreens and Rite Aid, who are still working on their planned merger to become the largest drugstore chain in the United States? In its annual report, Rite Aid reports that the merger is on track, and consumers can expect to have fewer drugstore choices soon, as around 3,300 Rite Aid stores change to Walgreens or close. [More]
walgreens-rite aid merger
Rite Aid: Walgreens Merger Is On Track, Fred’s Buying At Least 1,200 Stores
By 5.4.17 — Updated: 5.9.17
Walgreens-Rite Aid Merger Still On Track, CEO Says Only 500 Stores Would Close
By 7.6.16
Walgreens and Rite Aid are the biggest and third-biggest pharmacy drugstore in this country, and they want to join forces to become a pharma-Voltron. The companies are waiting for regulatory approval, but the CEO of Walgreens Boots Alliance told shareholders today that the deal will probably go through by the end of 2016, and that it will result in the closing of only about 500 stores. [More]
Report: The FTC Is Probably Cool With The Walgreens-Rite Aid Merger
By 6.10.16
A few months ago, the shareholders of #3 U.S. drugstore chain Rite Aid approved the company’s proposed acquisition by the parent company of the #1 chain, Walgreens Boots Alliance. Now reports indicate that the Federal Trade Commission may give the merger its blessing, as long as certain conditions are met. [More]
