Friday, March 31, 2017

Walgreen sets deadline for $9.7B merger with Rite Aid

Image result for walgreens and rite aidWalgreen has made a risky move to win regulatory approval for its $9.7 billion merger with Rite Aid — and it looks like a wager on Trump’s pick to head the Federal Trade Commission.

Fed up with delays on getting a nod for the controversial deal, Walgreen has set a deadline of roughly three months for the FTC to either block the merger or let it go forward.. . . more

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