Rite Aid’s deal with Walgreens isn’t a dream scenario, but it will strengthen the pharmacy chain’s balance sheet and make it more attractive to future suitors.
NYS Entity Status
NYS Filing Date
JUNE 04, 2013
NYS DOS ID#
NYS Entity Type
DOMESTIC BUSINESS CORPORATION
2013 - DRUG RITE 3 PHARMACY CORP.
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- Skepticism persists around Walgreen-Rite Aid deal
By Josh Kosman - Monday Jun 26, 2017
Despite recent optimism, multiple sources close to Walgreen remain skeptical about the odds for the drug chain’s $9.7 billion deal to buy Rite Aid. The Federal Trade Commission is expected to vote Thursday on Walgreen’s controversial merger with its smaller rival, which would create America’s biggest drugstore chain. Trade publication CTFN reported Monday that sources...