Possible Rite Aid divestiture leads to buyer speculation

If Rite Aid needs to shed some stores for antitrust reasons in the wake of a merger with Walgreens-Boots Alliance, many experts expect one well-known drug store to step forward.



According toThe Street, CVS could purchase a majority of the up to 500-1,000 Rite Aid Stores that could be divested. This would especially benefit CVS in markets where it has low market share. However, some observers predict a CVS purchase of Rite Aid stores could raise antitrust issues of its own.



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