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December 2, 2015
By: TOM BRANNA
Editor
Walgreens Boots Alliance will acquire all outstanding shares of Rite Aid, the US retail pharmacy chain, for $9.00 per share in cash, for a total enterprise value of approximately $17.2 billion, including acquired net debt. Walgreens Boots Alliance is focused on building a differentiated in-store experience for health, wellness and beauty, and this combination will help accelerate Rite Aid’s own efforts toward that end, the companies said in a press announcement. Once the acquisition closes, W...
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