YOUR BUSINESS AUTHORITY
Springfield, MO
YOUR BUSINESS AUTHORITY
Springfield, MO
Grocery chain Albertsons signed on to buy the portion of Ride Aid that isn't being sold to Walgreens.
Walgreens initially proposed to spend $17.5 billion to buy Rite Aid's 4,600 stores. However, regulators brought that down to 1,932 stores for $4.37 billion.
A combined Albertsons and Rite Aid would have nearly 5,000 U.S. stores and 4,300 pharmacies.
Read more from CNBC.
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