Mergers & Acquisitions News
Drug chain narrows store range for Rite Aid deal as potential suitors emerge
DEERFIELD, Ill. -- To alleviate antitrust concerns over the pending $17. 2 billion acquisition of Rite Aid Corp., Walgreens Boots Alliance Inc. said it is “exploring potential divestiture remedies” for the drug chain’s stores. At the same time, media reports indicate that Kroger may be interested...
This edition of New Convenience-Store Roundup features convenience-store openings, closings and stores under new ownership for the month of August 2016
Purchaser First Coast Energy plans to rebuild locations, incorporate Daily’s concept
JACKSONVILLE, Fla., and ASHEVILLE, N.C. -- First Coast Energy paid $10 million for more than a dozen Mountain Energy properties in North Carolina’s Buncombe County, the Citizen-Times reported. The purchase is part of an acquisition deal between Jacksonville, Fla.-based First Coast Energy and...
‘We’re still in learning mode,’ CEO says, with 10-store East Coast test