YOUR BUSINESS AUTHORITY

Springfield, MO

Log in Subscribe

Albertsons, Rite Aid terminate merger agreement

Posted online

Albertsons Cos. Inc. and Rite Aid Corp. mutually agreed to call off a proposed merger.

The disclosure follows pressure by stockholders over the grocer's combination with the pharmacy chain.

The deal would have created a company with 319 health clinics and 4,345 pharmacies.

Read more from Forbes.

Comments

No comments on this story |
Please log in to add your comment
Editors' Pick

Living History: Route 66 food truck park planned

Another chapter of the Mother Road’s allure rolls out.

Most Read