
- Feb 22, 2018
Grocery chain Albertsons to acquire Rite Aid
Grocery chain Albertsons plans to acquire the remainder of Rite Aid that isn't being sold to Walgreens Boots Alliance. The combined company will have a value of roughly $24 billion, including debt. The two will have about 4,900 locations, 4,350 pharmacy counters and 320 clinics Grocery chain Albertsons announced plans Tuesday to acquire Rite Aidin a cash and stock deal, as the traditional grocery industry continues to look for growth by broadening offerings, not just store ba