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@ Layer3.news
2025-05-18 22:13:42
nostr:nprofile1qyd8wumn8ghj7ctjw35kxmr9wvhxcctev4erxtnwv4mhxqpqvap2usgr7nawhqexfk247ap0nfs34jqpjrxqqslrkv3rrrx8aesst3mr8r
RITE AID TO SELL MAJORITY OF U.S. PHARMACY OPERATIONS TO RIVALS, INCLUDING CVS HEALTH CORPORATION (CVS)
https://s.yimg.com/ny/api/res/1.2/uLqPY4v5DvyRmBLfXinRDg--/YXBwaWQ9aGlnaGxhbmRlcjt3PTEyMDA7aD02NzM-/https://media.zenfs.com/en/insidermonkey.com/ae3aff8170c32ab72e21b7d307dd751f
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✍️ Rite Aid sells pharmacy operations of over 1,000 US stores to major competitors, including CVS Health Corporation, as part of its Chapter 11 bankruptcy process.
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👉 Rite Aid sells pharmacy operations of over 1,000 US stores to major competitors
👉 CVS Health Corporation emerges as the largest buyer, acquiring prescription records from over 600 Rite Aid locations
👉 CVS Health Corporation agrees to purchase 64 physical stores in Idaho, Oregon, and Washington
👉 Deals are pending approval from the bankruptcy court
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#MattSchroeder #Idaho #Oregon #Washington #business
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