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Walgreens Boots Alliance Scraps Rite Aid Merger Agreement, Will Buy Stores Instead

11:33 EDT 29 Jun 2017 | Speciality Pharma Journal

DEERFIELD, Ill.–(BUSINESS WIRE)–Walgreens Boots Alliance, Inc. (Nasdaq: WBA) announced today a new definitive agreement with Rite Aid Corporation under which Walgreens Boots Alliance will purchase 2,186 stores, three distribution centers and related inventory from Rite Aid. The consideration for the transaction will be $5.175 billion in cash, the assumption by Walgreens Boots Alliance of the …

Original Article: Walgreens Boots Alliance Scraps Rite Aid Merger Agreement, Will Buy Stores Instead

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