The New York Post Thursday evening reported that talks between Walgreens Boots Alliance and the Federal Trade Commission concerning its proposed acquisition of Rite Aid are progressing. "The drug store giant is in talks with the Federal Trade Commission about what it needs to sell to gain regulatory approval of the $17 billion deal, sources said on Thursday," The Post reported. "The talks with the FTC about divestitures is a sign regulators are open to approving the merger, sources said." (The New York Post)
A new report from Transparency Market Research is highlighting the projected growth of the pharmacy automation industry, which it says will see a compound annual growth rate of 7.3% between 2012 and 2018.
This is Weis Market's second major acquisition in 2016. When both purchases are complete, Weis Markets will have increased the number of its operating stores by more than 25% to 202 stores in seven states.