Did Rite Aid buy eckerds?

In 2009, Rite Aid made a move to acquire eckerds, a leading pharmacy chain. The acquisition was valued at $2.9 billion, but it was met with some criticism. Some argued that the move would create too much competition in the pharmacy industry, while others worried about the future of the smaller chain.

However, Rite Aid has since managed to keep the chain afloat and has even expanded into new markets. So, did Rite Aid really buy eckerds? The answer is yes, but the acquisition didn’t exactly go smoothly.

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