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Report: Update on Walgreens-Rite Aid deal
Walgreens Boots Alliance’s acquisition of Rite Aid is moving closer to getting a green light from the Federal Trade Commission. The FTC is expected to approve the sale in the next two to four weeks, reported the New York Post, citing two sources close to the situation. The major sticking point was reportedly the number of Rite Aid stores that need to be divested to Fred’s Pharmacy.

