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CVS, Walgreens bid for Rite Aid pharmacy assets
CVS Health Corp. is trying to buy stores and patient data from Rite Aid Corp., the beleaguered pharmacy chain that is going out of business after filing for bankruptcy a second time earlier this month. Meanwhile, other retail giants, including Walgreens Boots Alliance, are bidding for some of the pharmacy's other assets.
Rite Aid inks deals to sell 1K stores to rivals including CVS, Walgreens
Earlier this month, pharmacy chain Rite Aid filed for bankruptcy for the second time in less than two years, revealing that it would seek buyers for its retail locations. | In the Pacific Northwest, Rite Aid's assets are garnering interest from pharmacy rival CVS Health,
CVS Pharmacy has announced its agreement to buy the prescription files of 625 Rite Aid pharmacies across 15 states.
Walgreens, which has more than six times as many stores as Rite Aid, agreed in March to be acquired by the private equity firm Sycamore Partners. CVS Health also has closed stores. If you ...
Rite Aid filed for bankruptcy protection ... to take itself private as part of an acquisition by private-equity firm Sycamore Partners. Meanwhile, CVS, the country’s largest national chain ...
Pharmacy chain Rite Aid has begun Chapter 11 bankruptcy proceedings, the company announced on Monday, May 5. Rite Aid CEO Matt Schroeder pointed to financial challenges that "intensified by ...
CVS, Walmart and Amazon. RITE AID TO CLOSE OVER TWO DOZEN STORES AMID BANKRUPTCY PROCEEDINGS "While we have continued to face financial challenges, intensified by the rapidly evolving retail and ...
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