NT_1170x120_1-11-18

FTC

WBA works to clear way to finalizing Rite Aid acquisition

WBA works to clear way to finalizing Rite Aid acquisition

NEW YORK — Speculation continues to percolate about snags holding up Walgreens Boots Alliance Inc.’s (WBA’s) acquisition of Rite Aid Corp. Last last month the New York Post reported that private equity firms were uninterested in purchasing 650 stores that WBA must divest to satisfy antitrust requirements. Investors found the stores to be subpar and

Report: WBA, FTC talks gaining steam

Report: WBA, FTC talks gaining steam

It looks like Walgreens Boots Alliance is getting down to brass tacks in its negotiations with the Federal Trade Commission to acquire Rite Aid. The New York Post reported late Thursday evening that WBA is discussing store divestitures with the FTC and trying to get a bead on the number of Walgreens and/or Rite Aid