Rite Aid to shut 151 more stores
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A bankruptcy judge on Wednesday approved Rite Aid’s pharmacy asset sales to a variety of buyers. Purchase prices were not disclosed.
Bankrupt Rite Aid on Wednesday received court approval to close stores and sell most of its pharmacy assets in separate transactions to CVS, Walgreens, Albertsons, Kroger and Giant Eagle, among others.
The pending sale of millions of customer health records as part of Rite Aid Corp.‘s bankruptcy proceedings is putting a spotlight on data security protections as the health-care industry battles increasing cyber incidents.