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A federal judge in New Jersey approved the sale of Rite Aid's pharmacy assets, including prescriptions, to CVS, Walgreens and other operators.
Rite Aid, which previously filed for Chapter ... adding that the deal was subject to closing conditions. The acquisition comes as Walgreens in the midst of its own wave of store closures.
What isn't clear is whether the Bartell name that has been such a presence in the Seattle area will survive, with several ...
Walgreens will shut two NJ stores as part of a national turnaround strategy and $10B acquisition by Sycamore Partners.
CVS is set to take over numerous Rite Aid locations in Washington and Idaho, according to court documents. However, specific ...
Rite Aid, which filed for Chapter 11 bankruptcy in October 2023, recently updated its restructuring plans amid ongoing ...
The recent buyout offer by Sycamore Partners is likely to be approved and is the best option for shareholders. Find out why ...
Rite Aid's bankruptcy plan, if approved, means that in the coming months all distribution centers will close, and all stores ...
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