Is Amazon going to buy Rite Aid?

The rumors swirling around Wall Street suggest that Amazon is interested in buying Rite Aid. The online giant has been steadily increasing its investments in natural health products and pharmacy services, so it makes sense that it would want to get a piece of the pharmacy market.

Although the purchase price and timing are unknown, it’s clear that Amazon is looking to expand its reach into the pharmacy space.

Given Rite Aid’s struggles, it’s possible that Amazon would be able to turn the company around. However, given the competitive nature of the pharmacy market, it’s hard to say for sure whether or not the deal will go through.

If it does, it would be the largest acquisition in Amazon’s history.

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