WebFeb 20, 2024 · For the remaining Rite Aid stores, Albertsons Companies is offering either a share of its stock and $1.83 in cash or slightly more than a share for every 10 shares of Rite Aid. The grocer did not ... WebFeb 20, 2024 · Albertsons Buys the Rest of Rite Aid. in Grocery & Retail News Tuesday, February 20, 2024, 9:31 AM. (Update: the deal is dead .) In a surprise deal, grocery company Albertsons has swooped in to buy the rest of the Rite Aid chain that’s not already being acquired by Walgreens. The result will be a food-and-pharmacy giant that both …
Rite Aid May Close Even More Stores In 2024 - Forbes
WebFeb 22, 2024 · For every 10 Rite Aid shares, shareholders can get one Albertsons share and $1.83 in cash or 1.079 Albertsons shares. Consequently, Rite Aid shareholders will own about 28-29.6% stake in the ... WebJun 14, 2024 · The deal was ultimately thwarted by antitrust regulators, but Walgreens was permitted to buy 2,000 Rite Aid locations. That gave Rite Aid a much needed $4.8 billion cash injection but reduced its ... shanghai maglev tickets
Albertsons Companies and Rite Aid Merge to Create Food, Health, …
WebAug 9, 2024 · Under the merger pact unveiled Feb. 20, Rite Aid shareholders — in exchange for every 10 shares of Rite Aid common … WebFeb 20, 2024 · For the remaining Rite Aid stores, Albertsons Companies is offering either a share of its stock and $1.83 in cash or slightly more than a share for every 10 shares of Rite Aid. The grocer did not ... WebDec 21, 2024 · UCG/Universal Images Group via Getty Images. Rite Aid, which has already been closing 145 unprofitable stores for the last year, may close even more … shanghai maglev train speed