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Re: StonewallPatriot post# 4471

Thursday, 06/29/2017 8:13:42 AM

Thursday, June 29, 2017 8:13:42 AM

Post# of 11254
Rite Aid and Walgreens Boots Alliance Mutually Agree to Terminate Previous Agreement Under Which Walgreens Boots Alliance Was to Acquire All Outstanding Shares of Rite AidRite Aid to Receive $325 Million Termination FeeAsset Sale Repositions Rite Aid as an Independent, Multi-Regional Drugstore Chain and Pharmacy Benefits Manager With Compelling Footprint in Key Markets and Strong Financial PositionProceeds to Be Used to Significantly Reduce Debt and Strengthen Balance SheetAgreement Provides Rite Aid With 10-Year Pharmaceutical Purchase Option Through WBA AffiliateCompany Reports Fiscal 2018 First Quarter Results

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