Business & Tech

Walgreens Buying Rite Aid

Swansea has a Rite Aid store.

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 Seekonk-Swanseafor free with the latest updates from Patch.

Swansea has one Rite Aid store.

Both companies are worth a combined $10 billion, the Journal reported.

Find out what's happening in Seekonk-Swanseafor free with the latest updates from Patch.

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