Rite Aid Enters into an Agreement with Walgreens Boots Alliance to Sell 2,186 Rite Aid Stores and Related Assets for $5.175 Billion
Rite Aid Corporation (RAD)
Last rite aid corporation earnings: 4/16 07:00 am
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riteaid.com/corporate/investor-relations
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Source: Business Wire
Rite Aid and Walgreens Boots Alliance Mutually Agree to Terminate Previous Agreement Under Which Walgreens Boots Alliance Was to Acquire All Outstanding Shares of Rite Aid Rite Aid to Receive $325 Million Termination Fee Asset Sale Repositions Rite Aid as an Independent, Multi-Regional Drugstore Chain and Pharmacy Benefits Manager With Compelling Footprint in Key Markets and Strong Financial Position Proceeds to Be Used to Significantly Reduce Debt and Strengthen Balance Sheet Agreement Provides Rite Aid With 10-Year Pharmaceutical Purchase Option Through WBA Affiliate Company Reports Fiscal 2018 First Quarter Results CAMP HILL, Pa.--(BUSINESS WIRE)-- Rite Aid Corporation (NYSE:RAD) today announced that it has entered into an asset purchase agreement with Walgreens Boots Alliance, I
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