Rite Aid Corporation is an American international chain of drugstores. It is the second-largest pharmacy chain in the United States, after CVS Corporation. The company has over 2,000 stores in the United States and Canada.
On September 13, 2017, it was announced that Walgreens would purchase Rite Aid Corporation for $3.9 billion.
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Who bought out Rite Aid pharmacy?
Rite Aid announced that it had entered into an agreement to be acquired by Walgreens Boots Alliance for $17.3 billion in cash and stock. The deal is expected to close in the first half of 2019. The acquisition would create the largest pharmacy chain in the United States, with more than 2,000 stores.
Who did Rite Aid buyout?
Rite Aid Corporation announced on September 26th that it had agreed to be purchased by Berkshire Hathaway Inc. for $17.
2 billion in cash and shares. The acquisition, slated to be completed in the first half of 2015, will make Berkshire Hathaway the largest pharmacy chain in the United States.
Who owns Rite Aid today?
Today, Rite Aid is owned by Walgreens Boots Alliance. Walgreens Boots Alliance is a Fortune 500 company that was founded in 1999. Rite Aid has been a part of the Walgreens Boots Alliance since June 30, 2016.
Who owns Rite Aid Corporation?
Rite Aid Corporation is a company that owns and operates drugstores in the United States. The company is headquartered in White House, Pennsylvania. Rite Aid Corporation is a subsidiary of Walgreens Boots Alliance, which is the largest pharmacy chain in the world.
Who runs Rite Aid?
Rite Aid Corporation is an American retailer of general merchandise and drugstores. The company is headquartered in Bryn Mawr, Pennsylvania and has more than 12,000 stores in the United States and Puerto Rico. The company was founded in 1962 by Albertsons, which acquired Rite Aid in 1969.
Who owns Rite Aid now?
Rite Aid Corporation is an American retail pharmacy and pharmaceuticals company founded in 1962 by John C. Patterson. As of March 31, 2017, the company operated 2,470 stores across the United States.