Rite Aid 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)

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Report: Who's in the hunt for divested Rite Aid stores? The answer may surprise you ...

ORLANDO, Fla. - Kroger may not be the only retail pharmacy in the hunt for divested Rite Aid stores following the proposed merger between Walgreens Boots Alliance and Rite aid, BNL Finance reported in a blog posted Thursday. In fact, they may not even be a good fit - Walmart in its move toward smaller retail footprints may be a better suitor. "However, I think the sleeping giants that no one is talking about ... are competing pharmacy benefit managers like Express Scripts Holding and Catamaran," wrote Brian Nichols, BNL Finance editor-in-chief. "All of Express Scripts and Catamaran’s competitors are getting stronger in the PBM space, with a combination of retail pharmacies, wholesale and PBM. [So] don’t be surprised if Express Scripts and Catamaran ... make a move to form a retail pharmacy business with 700 Rite Aid stores." (BNL Finance)