NEWS

June 14th, 2017 by Xceligent

Posted in: National

Walgreens Rite Aid Purchase Hits Antitrust Snag

Wayne Grohl
The CommercialSearch Source



With 13,200 stores in 11 countries including over 8,100 in the USA, Walgreens Boots Alliance, home to the venerable Walgreens drugstore brand, made big news in October 2015 when it announced its intention to acquire national drug chain Rite Aid. Rite Aid’s 4,600 stores across the US would join Walgreens in a mega-deal — pending approval by the Federal Trade Commission.

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