Tag: Rite Aid
US: Rite Aid replaces CEO after two failed merger attempts
According to a report from the Financial Times investors are cheering the news that Rite Aid’s chief executive will depart following a nine-year stint...
US: CVS and Rite Aid join antitrust suit against AbbVie
CVS and Rite Aid have joined the slew of antitrust lawsuits against AndroGel maker AbbVie and its affiliates and are seeking triple damages against...
US: Rite Aid, Albertsons call off merger
In a surprise move, Rite Aid and Albertsons called off their planned US$24 billion merger on the eve of a shareholder vote in the...
US: Rite Aid cuts 2019 forecast with buyout vote looming
Rite Aid is chopping its annual earnings forecast three days before its shareholders vote on whether to approve the sale of the company, reported...
US: Rite Aid stock rises on FTC fix proposal
Walgreens Boots Alliance is set to revise its agreement to buy some Rite Aid stores, a move that may be enough for the drugstore...
US: Walgreens, Rite Aid refile deal proposal with FTC
Walgreens Boots Alliance (WBA) and Rite Aid have voluntarily withdrawn and refiled their antitrust notification with the Federal Trade Commission (FTC), to gain more...
US: “Walgreens ready to divest more for Rite Aid”: inside source
Walgreens Boots Alliance, the pharmacy chain grappling with US antitrust officials over its planned takeover of Rite Aid, is set to pitch a new...
US: Walgreens’ plan is for FTC to rule on Rite Aid...
Walgreens Boots Alliance could soon declare it has “certified compliance” in its Rite Aid merger, forcing the US Federal Trade Commission to vote on...
US: Walgreens just slashed its Rite Aid offer by $2 billion
Walgreens Boots Alliance and Rite Aid's giant drugstore merger got smaller today after the companies said they would cut the value of the deal,...
US: Walgreens working to finalize Rite Aid deal
The chief executive of Walgreens Boots Alliance said Thursday that the biggest US drug store chain was pressing on with its purchase of smaller...