Browse Tag: anti-trust

Rite-Aid Merger: Walgreens Likely To Sell More Than 500 Stores

To ease anti-trust concerns over its $9.41 billion acquisition of competitor Rite Aid, Walgreens, the country’s largest drugstore chain, believes it will likely need to divest or sell off more stores than expected. Earlier in the acquisitions process, the chain felt that fewer than 500 of its stores would have to go; the number is closer to 1,000.

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