Rite Aid’s $355 Million Bankruptcy Bill Ends in Repeat Chapter 11
After racking up $355 million in fees to sort out its finances in the wake of its Chapter 11 last September, pharmacy chain Rite Aid has fallen back into bankruptcy
This article is for subscribers only.
Welcome to The Brink. I’m Jonathan Randles, a reporter in New York, where I’ve been looking at pharmacy chain Rite Aid’s return to bankruptcy. We also have news on Greek GDP warrants and Saks Global. Follow this link to subscribe. Send us feedback and tips at debtnews@bloomberg.net
Pharmacy chain Rite Aid racked up $355 million in fees to sort out its finances after it emerged from bankruptcy last September. Nine months later it has fallen back into Chapter 11.