Albertsons to buy Rite Aid in cash-and-stock deal, WSJ Says

ALBERTSONS PLANS TO ACQUIRE the parts of Rite Aid that are left over after a separate sale of nearly 2,000 stores, the Wall Street Journal reported. /BLOOMBERG FILE PHOTO/PATRICK T. FALLON
ALBERTSONS PLANS TO ACQUIRE the parts of Rite Aid that are left over after a separate sale of nearly 2,000 stores, the Wall Street Journal reported. /BLOOMBERG FILE PHOTO/PATRICK T. FALLON
NEW YORK - Grocer Albertsons Cos. plans to buy drugstore owner Rite Aid Corp. in a deal that would accelerate the remaking of the U.S. retail and health care industries. Boise, Idaho-based Albertsons plans to acquire the parts of Rite Aid that are left over after a separate sale of nearly 2,000 stores, the Wall Street…
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