Corporate Finance Old Articles
Albertsons and Rite Aid to merge in the latest move to contrast the growing threat posed by online e-commerce
Rite Aid (NYSE:RAD) – market cap as of 23/02/2018: $2.22bn Introduction On the 20th February, Rite Aid Corporation, one of the leading US drugstore chains, entered into a definitive merger agreement with Albertsons Companies, one of the largest American private equity-backed grocery retailers. The deal will result in the creation of a Read more…