Article Posted on DrugStoreNews.com | October 25, 2017 View Original Article Here Walgreens to shutter 600 stores by next spring as part of Rite Aid purchase DEERFIELD, Ill. — Walgreens Boots Alliance expects to shutter about 600 stores in the wake of its purchase of 1,932 stores from rival Rite … [Read more...]
Walgreens Secures Regulatory Clearance to Purchase 1900 Rite Aid Stores
Posted on September 19, 2017 //
Article Originally Posted on Walgreens.com | September 19, 2017 View Article Here DEERFIELD, Ill., 19 September 2017 - Walgreens Boots Alliance, Inc. (Nasdaq: WBA) announced today that it has secured regulatory clearance for an amended and restated asset purchase agreement to purchase 1,932 stores, three … [Read more...]
Walgreens, Rite Aid Forced to Amend Their Merger as New Administration Takes Over
Posted on January 31, 2017 //
Posted on Costar.com | January 30, 2017 By Mark Heschmeyer | View Original Article Here Not having their hopes fulfilled that their $17.2 billion merger would win approval before President Obama left office, Walgreens Boots Alliance Inc. (NASDAQ: WBA) and Rite Aid Corp. (NYSE: RAD) extended their agreement to give new … [Read more...]
Drug Store Retailers Remain Steady
Posted on August 16, 2016 //
Posted on GlobeSt.com | August 15, 2016 Written by Jonathan Hipp, Calkain View Original Article Here CVS and Walgreens are in a constant battle for the biggest share of the market. CVS acquired Omnicare and Target’s pharmacies last year and Walgreens is in the process of acquiring Rite Aid by the end of this … [Read more...]
Rite Aid Buy Makes Ripples in NNN Market
Posted on November 3, 2015 //
Posted 11/3/2015 | GlobeSt.com By Brian J. Rogal View Original Article Here CHICAGO—The recent decision by Walgreens to buy Rite Aid for more than $9.4 billion in cash will set off ripples in the market for triple net lease properties. Drug stores like these are among the most popular options for investors, but the uncertainty … [Read more...]
Walgreens Likely To Go on Real Estate Diet if Deal for Rite Aid Wins Approval
Posted on October 28, 2015 //
Published on Costar.com | October 28, 2015 Written by Mark Heschmeyer View Original Article Here Rite Aid Accepts $17.2 Billion Buyout Offer from Walgreens Boots Alliance, Execs See $1 Billion in Cost Savings The newly announced merger agreement between Walgreens Boots Alliance Inc. and Rite Aid Corp. has the potential … [Read more...]
