Walgreens Boots Alliance (WBA) and Rite Aid (RAD) Announce Extension of Merger Agreement End Date to January 27

Walgreens Boots Alliance and Rite Aid Announce Extension of Merger Agreement End Date

DEERFIELD, Ill. & CAMP HILL, Pa.--(BUSINESS WIRE)-- Walgreens Boots Alliance, Inc. (Nasdaq: WBA) and Rite Aid Corporation (NYSE: RAD) today announced that, in accordance with the terms of their merger agreement dated 27 October 2015, they have mutually agreed to extend the end date of their merger agreement from 27 October 2016 to 27 January 2017. The companies now expect the transaction will close in early calendar 2017.

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