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Walgreens & Rite Aid Will Close 600 Stores (Mostly Rite Aids) As Part Of $4.4B Deal
https://consumerist.com/2017/10/25/walgreens-rite-aid-will-close-600-stores-mostly-rite-aids-as-part-of-4-4b-deal/
A month after the Federal Trade Commission gave Walgreens the go-ahead to acquire half of Rite Aid’s 2,000 stores for $4.38 billion, the chain says it will be closing 600 stores — and most of those will be Rite Aid locations.
The store closures will start next spring, said George Fairweather, a Walgreens Boots Alliance vice president with a really long job title, during this mornings quarterly earnings call.