Breaking News: Walgreens Boots Alliance Enters into $5.18B Agreement to Buy 2,186 Rite Aid Stores and Assets

New agreement replaces previous merger agreement with Rite Aid and proposed divestiture transaction with Fred’s DEERFIELD, Illinois – Walgreens Boots Alliance, Inc. (Nasdaq: WBA) announced Thursday 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 …

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