Kroger Pharmacy & Business News

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Report: Trump administration improves odds for Walgreens, Rite Aid deal

A Trump administration increases the likelihood that Walgreens Boots Alliance will successfully close its proposed acquisition of Rite Aid, though the deal's acual closing date may be extended further into the first quarter of 2017, suggested a Seeking Alpha opinion piece published Sunday.  "A new administration will be more open to the Kroger solution [buying Rite Aid prescription files and moving them in-house] than the previous administration," Seeking Alpha wrote. "Given the current hostile environment for consumer mergers, it is hard not to believe that the new regime increases the odds of regulatory approval at least modestly." (Seeking Alpha)