Shareholders of Walgreens Boots Alliance overwhelmingly approved the drugstore chain’s $10 billion acquisition by private ...

Walgreens said Thursday that it would buy 2,186 Rite Aid stores, three distribution centers and inventory. Rite Aid investors reacted badly to the news, causing its shares to plunge 26.5% Thursday.

Instead, Walgreens agreed to buy 2,186 Rite Aid stores for $5.2 billion. That will essentially cut Rite Aid in half, leaving it with 2,350 stores after the deal is done.

The combination of Walgreens, the largest U.S. drugstore, and Rite Aid would have created a drugstore giant with more than 11,000 stores nationally, even with the sale of more than 1,000 stores.

In terms of financial confidence, across Walgreens, CVS and Rite Aid, statements from the top brass differ in tone. A combined $455.2 billion in sales was made in 2022 between CVS and Walgreens ...

Walgreens and Rite Aid: Am I the only one who hates this deal? Sean Williams, The Motley Fool ...

As Walgreens and Rite Aid shutter thousands of stores, a rival that could kill their business is opening 20 new pharmacies. Story by Tilly Armstrong Assistant Consumer Editor For Dailymail.Com ...

In all, Walgreens is buying 1,932 stores and three distributions centers from Rite Aid for nearly $4.4 billion in cash.As of Tuesday, Rite Aid said it has received “cash proceeds of $4.157 ...

Rite Aid, Walgreens, Authentic Brands, and WHP declined to comment. Marquee Brands and representatives for Kardashian did not respond to requests for comment. 3.

Walgreens Boots Alliance ( NASDAQ:WBA ) announced on Oct. 27 it would acquire Rite Aid ( NYSE:RAD ) in a deal worth more than $17 billion,.

Walgreens says it will pay $9 per share for Camp Hill, Pennsylvania-based Rite Aid Corp. That's a premium of roughly 48 percent to the closing price of Rite Aid. The deal is worth $17.2 billion ...