Rite Aid is closing 95 more stores
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A bankruptcy judge on Wednesday approved Rite Aid’s pharmacy asset sales to a variety of buyers. Purchase prices were not disclosed.
On May 21, a federal judge approved Rite Aid’s bankruptcy plan to close stores and sell most of its pharmacy assets to other national chains, according to court documents reviewed by Becker’s. CVS, Walgreens,
Bankrupt Rite Aid on Wednesday received court approval to close stores and sell most of its pharmacy assets in separate transactions to CVS, Walgreens, Albertsons, Kroger and Giant Eagle, among others.