Business & Tech
Walgreens Buying Rite Aid
Concord has one Rite Aid; there's a Walgreens next door in Lexington.
Walgreens will reportedly buy Rite Aid in a mega-merger of two of the largest drugstore chains in the country.
Walgreens is expected to announce the deal as soon as Wednesday, the Wall Street Journal reported.
In Massachusetts, Walgreens operates 167 stores, while Rite Aid operates 148 stores. Combined, the stores run more than 13,000 stores in 11 countries.
Find out what's happening in Concordfor free with the latest updates from Patch.
Concord has one Rite Aid. There’s a Walgreens next door in Lexington.
Both companies are worth a combined $10 billion, the Journal reported.
Find out what's happening in Concordfor free with the latest updates from Patch.
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