Walgreens Boots Alliance announced on Thursday that it entered into an agreement to acquire 2,186 Rite Aid stores and related assets for $US5.18 billion.
It’s the latest twist in the ongoing saga between the two companies, which drew scrutiny from US antitrust regulators earlier this year after announcing a merger valued at $US17.2 billion back in October 2015. The deal would have seen Walgreens acquire all outstanding shares of Rite Aid.
This story is developing. More to come…
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