Reports: FTC angling to block Walgreens-Rite Aid merger

June 9, 2017 by Chain Drug Review Capital Forum, Federal Trade Commission, Fred's, John Standley, Ken Martindale, Walgreens, Walgreens Boots Alliance, Walgreens-Rite Aid merger Business, Leading Headlines, Retail News

NEW YORK — The Federal Trade Commission is readying a lawsuit to block the Walgreens-Rite Aid merger deal, according to published reports. Citing policy news service Capital Forum, which analyzes the antitrust review of mergers and acquisitions, Investors Business Daily said on Friday that the FTC was “preparing advice” to take action against the transaction,