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NY Post: Will Kroger pass on Walgreens-Rite Aid stores?

09:21 EDT 19 Oct 2016 | Drug Store News

The New York Post late Tuesday reported Kroger may be close to passing on acquiring some 650 stores that Walgreens and Rite Aid would have to sell to gain regulatory approval of their $17 billion merger, placing the deal in jeopardy. “The FTC is trying to preserve the stand-alone stores,” a source told The Post. “But Kroger might want to integrate. What happens to Rite Aids it buys that are near Krogers?” (The New York Post)

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Mergers & Acquisitions
Commercial and market reports on mergers and acquisitions in the biotechnology, pharmaceutical, medical device and life-science industries. Mergers and acquisitions (abbreviated M&A;) is an aspect of corporate strategy, corporate finance and manageme...