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Rite Aid confirms prior rejection of non-binding, off-market proposal

Rite Aid confirms prior rejection of non-binding, off-market proposal

PHILADELPHIA – Rite Aid Corp. confirmed that it previously rejected a non-binding, off-market proposal from Spear Point Capital Management (Spear Point) to acquire all of the outstanding shares of the company’s common stock. The company and its board of directors reviewed the proposal with the assistance of its financial and legal advisors, and the Board

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