News Formal

US pharmacy chain Rite Aid to operate as a private company as it emerges from bankruptcy

  • 📰 KSLcom
  • ⏱ Reading Time:
  • 21 sec. here
  • 14 min. at publisher
  • 📊 Quality Score:
  • News: 54%
  • Publisher: 51%

News Nieuws

Traffic,Weather,Sports

Rite Aid will operate as a private company after it successfully completed its financial restructuring and emerged from Chapter 11 bankruptcy, the U.S. drugstore chain said on Tuesday.

<p>NEW YORK — Rite Aid will operate as a private company after it successfully completed its financial restructuring and emerged from Chapter 11 bankruptcy, the U.S. drugstore chain said on Tuesday.

</p><p>Ownership of the company has transitioned to certain Rite Aid creditors, and all of Rite Aid's existing common shares were canceled, it said.

Wij hebben dit nieuws samengevat zodat u het snel kunt lezen. Bent u geïnteresseerd in het nieuws, dan kunt u hier de volledige tekst lezen. Lees verder:

 /  🏆 549. in NL
 

Bedankt voor uw reactie. Uw reactie wordt na beoordeling gepubliceerd.

Nederland Laatste Nieuws, Nederland Headlines

Similar News:Je kunt ook nieuwsberichten lezen die vergelijkbaar zijn met deze die we uit andere nieuwsbronnen hebben verzameld.

Rite Aid Picks Insider CEO As Company Emerges From BankruptcyBruce Japsen has written about healthcare business and policy for three decades. He has covered the rise, fall and rise again of health reform, chronicling trends that include the influence of Bill and Hillary Clinton to Barack and Michelle Obama from Chicago where he's based.
Bron: ForbesTech - 🏆 318. / 59 Lees verder »