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Walgreens Ends Bid to Acquire Rite Aid, Will Instead Buy 2,186 Stores for $5.2 Billion

PLAN B: Walgreens Opts to Acquire, Rebrand Rite Aid Stores Outright After Combination Fails to Win Regulatory Approval
CoStar News
June 29, 2017 | 1:30 P.M.

Walgreens Boots Alliance Inc. formally ended its deal to merge with Rite Aid Corp. and instead will pay just under $5.18 billion to purchase 2,186 of the rival drugstore chain’s stores.

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