Friday, August 25, 2006

New landscape may help Rite Aid

Rite Aid's announcement that it is paying $2.54 billion to buy nearly 2,000 drugstores carrying the Brooks and Eckerd names along the East Coast and Mid-Atlantic region is sure to get the attention of regulators at the Federal Trade Commission. While a review is likely, the deal is unlikely to suffer the same fate of a Rite Aid deal a decade ago, according to The Deal.

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