Zacks Investment Research stock strategists Tracey Ryniec and David Bartosiak discussed with Zacks’ Terry Ruffolo the Walgreens Boots Alliance’s proposal to acquire Rite Aid Corp. for $9 per share in cash, and assumption of debt, for a total value of $17.2 billion.
This week, the Pharmacy Technician Certification Board (PTCB) hosted a special 20th anniversary reception to celebrate two decades of advancing patient care and safety and to recognize the 2015 PTCB Certified Pharmacy Technician (CPhT) of the Year.
Kroger Co. vice president of pharmacy Philecia Avery was recognized by the National Diversity Council with a 2015 Most Powerful & Influential Women Award. Kroger said Thursday that Avery was presented with the award at the 8th Annual Ohio Diversity & Leadership Conference in Columbus, Ohio.
Fox News Channel’s Megyn Kelly will be the featured speaker at this year’s National Association of Chain Drug Stores Foundation Dinner.
Comparable pharmacy results helped offset a same-store sales dip in the front end at Rite Aid Corp. for October. Rite Aid said Thursday that for the four weeks ended Oct. 24, comparable-store sales inched up 1% year over year, reflecting a 0.5% decrease in the front end and a 1.7% gain
Two U.S. senators with oversight for antitrust issues have called on federal regulators to take a close look at Walgreens Boots Alliance Inc.’s $17.2 billion deal to acquire Rite Aid Corp. Sen. Mike Lee (R.
Allergan plc and Pfizer Inc. have confirmed they’re exploring a possible combination. Dublin, Ireland-based Allergan released a statement Thursday saying it’s in early talks with Pfizer about a possible deal, and Pfizer later affirmed Allergan’s statement.
The staff of the Federal Trade Commission has submitted comment for the Food and Drug Administration’s draft guidance on nonproprietary names for biological products.
Rite Aid Corp. chief financial officer Darren Karst has been promoted to senior executive vice president and added the title of chief administrative officer. Rite Aid said late Wednesday that the appointment is effective immediately. Karst previously was executive vice president and CFO.
Snyder’s-Lance Inc. plans to buy Diamond Foods Inc. in a cash and stock deal valued at about $1.91 billion. The companies said Wednesday that the agreement, which includes the assumption of about $640 million in debt, will create a complementary, diversified portfolio of branded snack products.
The morning after announcing its $17.2 billion agreement to acquire Rite Aid, Walgreens Boots Alliance (WBA) didn’t have much to say about the deal. In a conference call on WBA’s fiscal 2015 results, company executives cited the synergies of scale and broader U.S.
The morning after announcing its blockbuster deal to acquire Rite Aid Corp., Walgreens Boots Alliance Inc. reported earnings for its fiscal 2015 fourth quarter and full year that topped Wall Street’s forecast. The company — closing its first full year following the combination of Walgreen Co.
After headlines surfaced earlier in the day, Walgreens Boots Alliance Inc. made it official: The company has reached a deal to acquire Rite Aid Corp. for a total value of $17.2 billion. The companies announced the deal late Tuesday. Under the agreement, Walgreens Boots Alliance will buy Rite
Not only do more than two-thirds of Americans take vitamins and dietary supplements, but the vast majority also trusts in them, according to research by the Council for Responsible Nutrition (CRN).
Aurobindo Pharma Ltd. has received final approval from the Food and Drug Administration for tramadol hydrochloride extended-release tablets, an opioid pain medication (Class IV), in dosages of 100 mg, 200 mg and 300 mg.
Opened earlier this year, Rite Aid’s spacious store on Jonestown Road in Harrisburg, Pa., represents one of the latest prototypes of the retailer’s successful “Wellness Store” format. The suburban corner location, situated at 4999 Jonestown Rd.
