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Old 08-24-2006, 07:33 AM
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BostonRed
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Join Date: Dec 2004
Location: Somerville, MA
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Default Rite-Aid Buys Brooks/Eckerd

Read all about it:

http://www.nytimes.com/2006/08/24/bu...in&oref=slogin

Rite Aid, the drugstore chain, said today that it had agreed to buy two competing chains, Brooks and Eckerd, for $2.55 billion in cash and stock, putting it within striking distance of its two largest rivals, Walgreen and CVS.
 

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