Rite Aid (RAD) Back-of-the-Envelope Value Seen at $3/Share

Rite Aid Investor Call Information

CAMP HILL, Pa.--(BUSINESS WIRE)-- Rite Aid Corporation (NYSE: RAD) today released information on an updated proposal transaction with Walgreens Boots Alliance and its financial results for its Fiscal 2018 First Quarter, which ended June 3, 2017. The company will hold an analyst call at... More

Fred’s Pharmacy Comments on Termination of Walgreens-Rite Aid Merger and Related Agreement with Fred’s

Termination of asset purchase agreement with Walgreens and Rite Aid has no impact on Freds Pharmacys transformation

Strong team and right strategy in place to drive long-term shareholder value

MEMPHIS, Tenn.--(BUSINESS WIRE)-- Freds, Inc. (Freds Pharmacy or the Company) (NASDAQ: FRED) today commented on the termination of the merger between Walgreens Boots Alliance, Inc. (Walgreens) (NASDAQ: WBA) and Rite Aid Corporation (Rite Aid) (NYSE: RAD) and the related asset purchase agreement of Freds with... More

Rite Aid Enters into an Agreement with Walgreens Boots Alliance to Sell 2,186 Rite Aid Stores and Related Assets for $5.175 Billion

Rite Aid and Walgreens Boots Alliance Mutually Agree to Terminate Previous Agreement Under Which Walgreens Boots Alliance Was to Acquire All Outstanding Shares of Rite Aid Rite Aid to Receive $325 Million Termination Fee Asset Sale Repositions Rite Aid as an Independent, Multi-Regional Drugstore Chain and Pharmacy Benefits Manager With Compelling Footprint in Key Markets and Strong Financial Position Proceeds to Be Used to Significantly Reduce Debt and Strengthen Balance Sheet Agreement Provides Rite Aid With 10-Year Pharmaceutical... More