HALISTER: Rite Aid/Walgreens Store Sales Pact Replaces Merger Agreement

Rite Aid/Walgreens Store Sales Pact Replaces Merger Agreement

(Bloomberg) -- Walgreens agrees to pay Rite Aid a termination fee $325m.
  • Rite Aid to sell 2,186 stores and relates assets for $5.175b cash
  • RAD up 15% pre-market, FRED indicated lower
To contact the reporter on this story: Arie Shapira in New York at ashapira3@bloomberg.net

Alert: HALISTER
Source: BFW (Bloomberg First Word)

Tickers
RAD US (Rite Aid Corp)
WBA US (Walgreens Boots Alliance Inc)
FRED US (Fred's Inc)

Topics
BFW Europe Credit News

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