Walgreens Said to Near Deal for Rite Aid

October 27, 2015 5:53 PM

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Walgreens Said to Near Deal for Rite Aid

Walgreens Boots Alliance is near a deal to buy Rite Aid, potentially uniting two of the country’s biggest drugstore chains, people briefed on the matter said on Tuesday.

A transaction could be announced as soon as Wednesday, said one of these people, who spoke on condition of anonymity, cautioning that final details were still being worked on.

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