Walgreens Is ‘Confident’ Rite Aid Deal Will Close Early 2017

Updated on
  • Talks with regulators are taking longer than anticipated
  • Fiscal fourth-quarter EPS that beat analysts’ estimates

Walgreens Boots Alliance Inc. expects its planned $9.4 billion purchase of Rite Aid Corp. to close early next year, even as talks with regulators over which drugstores should be divested have taken longer than anticipated.

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