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Chin Up, Rite Aid Holders: This Deal Is Probably Better Than No Deal At All
Friday, June 30, 2017 - 12:06pm | 391Walgreens Boots Alliance Inc (NASDAQ: WBA) proposed back in 2015 to fully acquire Rite Aid Corporation (NYSE: RAD) in a deal that would value the smaller pharmacy retail chain at $9 per share. But regulatory concerns are part of the reason why the merger agreement is officially off the table....