Who did Rite Aid merge with?

Rite Aid Corporation (NYSE:RAD) announced on Oct. 3 that it had agreed to be purchased by CVS Health Corporation (NYSE:CVS) for $9. 4 billion in cash and stock. The deal is expected to be completed by the end of the year. Who bought out Rite Aid?

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 December 3rd, 2017, Rite Aid announced that it had agreed to be acquired by Walgreens Boots Alliance for $3.9 billion. This marks the largest acquisition in Rite Aid’s history, and the largest pharmacy acquisition in the US in over a year. Walgreens Boots Alliance is the largest pharmacy retailer in the world, and the deal is expected to close in the second half of 2018.

On September 5, 2016, Rite Aid Corporation announced plans to change its name to Walgreens Boots Alliance. The move comes as Walgreens Boots Alliance looks to increase its focus on health and wellness services, as well as its pharmacy, pharmacy benefit management, and retail operations. Critics of the name change claim that it is an attempt to distance Walgreens from its past as a pharmacy chain, and they argue that the new name is not well-suited to the company’s core businesses.

Rite Aid is a large and well-known drugstore chain in the United States. They have a number of donation programs, including one that donates money to a number of different charities. In the past, Rite Aid has donated money to charities such as the Red Cross and the Salvation Army.

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.