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A federal judge in New Jersey approved the sale of Rite Aid's pharmacy assets, including prescriptions, to CVS, Walgreens and ...
Rite Aid, which previously filed for Chapter ... adding that the deal was subject to closing conditions. The acquisition comes as Walgreens in the midst of its own wave of store closures.
CVS is set to take over numerous Rite Aid locations in Washington and Idaho, according to court documents. However, specific stores affected by the acquisition have not yet been disclosed.
Rite Aid has sold the pharmacy services of more than 1,000 locations across the country. Getty Images CVS came away with the largest number of acquisitions, set to take over 625 Rite Aid ...
This acquisition follows a bankruptcy court-approved ... as well as those who may be transitioning to us from Rite Aid." CVS also said it was working closely with Rite Aid for a smooth transition ...
CVS has agreed to buy the bulk of Rite Aid's pharmacy assets. If approved, CVS would acquire the prescription files for 625 ...
Walgreens will shut two NJ stores as part of a national turnaround strategy and $10B acquisition by Sycamore Partners.
CVS Pharmacy has announced its plans to acquire hundreds of Rite Aid stores across the country, with many of them operating in Washington and neighboring states.