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Rite Aid inks bankruptcy deal with creditors

Rite Aid signs bankruptcy deal with creditors, DoJ and McKesson

Rite Aid signs bankruptcy deal with creditors, DoJ and McKesson

PHILADELPHIA — Rite Aid has agreed with its financial stakeholders, including creditor groups, the U.S. Justice Department, and drug distributor McKesson, to complete its bankruptcy process by April. “We have reached an agreement on all key points with all key economic stakeholders,” Rite Aid attorney Aparna Yenamandra said at a bankruptcy court hearing in Trenton,

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