Categorized | USA

Walgreens to grow by 1,932 stores with Rite Aid deal

CHICAGO — After years of trying, Walgreens Boots Alliance has received clearance from the Federal Trade Commission to expand its business through the purchase of 1,932 Rite Aid stores for $4.38 billion. The FTC had long resisted a deal between Walgreens and competitor Rite Aid, forcing the two to revise terms of a transaction several times…

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