-
Analyst: Walgreens' Rite Aid deal still on point
NEW YORK — Challenging "vague" reports suggesting the Walgreens deal to acquire Rite Aid may be in jeopardy, Deutsche Bank on Friday issued a research note outlining the number of options Walgreens still has at its disposal leading up to the Jan. 27 deadline.
-
Is today the day the Walgreens, Rite Aid deal is approved?
NEW YORK — Is today the day? The much anticipated approval for the Walgreens/Rite Aid merger, through which Walgreens has proposed to pay $9.4 billion for the acquisition of Rite Aid's 4,547 stores in an effort to bolster its national footprint, did not happen by Friday morning as many had speculated.
Now there is a new countdown clock — the deal is set to expire Jan. 27 if not approved before that time.