Walgreens to settle Rite Aid investors' merger claims for $192 million

  • 📰 SaltWire Network
  • ⏱ Reading Time:
  • 23 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 13%
  • Publisher: 63%

Switzerland Nachrichten Nachrichten

Switzerland Neuesten Nachrichten,Switzerland Schlagzeilen

Explore stories from Atlantic Canada.

SaltWire's Atlantic regional weather forecast for October 19, 2023 | SaltWire - Walgreens Boots Alliance has agreed to pay $192.5 million to settle a class action lawsuit by investors in Rite Aid who accused Walgreens of misleading them in 2017 about scrutiny of the two drugstore chain operators' then-pending merger.

A spokesperson for Walgreens and an attorney for Rite Aid investors did not immediately reply to requests for comment. The lawsuit accuses Walgreens of downplaying scrutiny from U.S. antitrust regulators starting in October 2016. Walgreens, which operates stores under its own name as well as Boots stores in Britain and Duane Reade stores in the United States, instead bought around 42% of Rite Aid's existing stores that year for $4.38 billion.

Wir haben diese Nachrichten zusammengefasst, damit Sie sie schnell lesen können. Wenn Sie sich für die Nachrichten interessieren, können Sie den vollständigen Text hier lesen. Weiterlesen:

 /  🏆 45. in CH
 

Vielen Dank für Ihren Kommentar.Ihr Kommentar wird nach Prüfung veröffentlicht.

Switzerland Neuesten Nachrichten, Switzerland Schlagzeilen

Similar News:Sie können auch ähnliche Nachrichten wie diese lesen, die wir aus anderen Nachrichtenquellen gesammelt haben.

Walgreens to settle Rite Aid investors' merger claims for $192 millionThe deal filed in Pennsylvania federal court on Wednesday is subject to approval by District Judge Jennifer Wilson. A spokesperson for Walgreens and an...
Herkunft: YahooFinanceCA - 🏆 47. / 63 Weiterlesen »