Walgreens Finalizes $17.2 Billion Acquisition of Rite Aid
Walgreens and Rite Aid, the second and third largest pharmacy chains in the U.S., are set to merge. This merger will make Walgreens the largest pharmacy chain, surpassing CVS. However, before this happens, the merger needs to get through an antitrust review, which is part of a broader trend of consolidation in the healthcare industry….