Walgreens has been in talks to buy Rite Aid for months, but a sale has not been finalized. While Walgreens has expressed interest in acquiring Rite Aid, it is not clear if the two companies have reached a deal. Some analysts believe that Walgreens is only considering the purchase as a way to expand into the pharmacy market.
Others believe that the company is interested in gaining Rite Aid’s more than 2,000 stores and their customer base. A final decision on the acquisition is not expected until late 2019 or early 2020.