Tuesday, May 2, 2017

Update on Walgreens-Rite Aid deal

Image result for waLGREENS RITE AID The battle for Walgreens to acquire Rite Aid may be entering its final stage.  
 
Walgreens is expected to certify compliance within days, giving the Federal Trade Commission 90 days to either clear the $9.7 billion deal or sue to block it, reported the New York Post. The newspaper added the certified compliance period would expire roughly the same day as the Walgreens-Rite Aid merger agreement terminates on July 31. The proposed transaction was first announced in October 2015.. . . more

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