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CVS Health said that once the sale is finalized, the company looks forward to welcoming Rite Aid colleagues who are ...
Rite Aid filed for Chapter 11 bankruptcy for the second time in less than two years, announcing plans to sell “substantially all” of its assets.CEO Matt Schroeder attributed the move to mounting ...
Editor's note: This story previously inaccurately stated the number of physical stores CVS Health will acquire ... at their stores—will buy assets from Rite Aid as well, according to the ...
On May 21, a federal judge approved Rite Aid’s bankruptcy plan to close stores and sell most of its pharmacy assets to other national chains, according to court documents reviewed by Becker’s. CVS, ...
Bankruptcy Judge Michael Kaplan approved a fire sale for the assets Rite Aid had found ... Eaton said. CVS is the largest buyer, and has also agreed to acquire 64 store locations in addition ...
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