U.S. Bankruptcy Court Approves CVS Health's Acquisition of Rite Aid Assets in 15 States

Reuters

05-22

U.S. Bankruptcy Court Approves CVS Health's Acquisition of Rite Aid Assets in 15 States

CVS Health Corporation announced that the U.S. Bankruptcy Court of New Jersey has approved its bids to acquire the prescription files of 625 Rite Aid pharmacies across 15 states, along with 64 Rite Aid stores in Idaho, Oregon, and Washington. This transaction is pending regulatory approvals and other customary closing conditions. CVS Pharmacy aims to ensure a smooth transition for Rite Aid customers and is preparing to welcome those moving over to their services. The company is also working closely with Rite Aid to maintain uninterrupted access to pharmacy care during this period. Further details about the transaction will be provided as the closing dates approach.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. CVS Health Corporation published the original content used to generate this news brief on May 21, 2025, and is solely responsible for the information contained therein.

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CVS Health Corporation p","collect":0,"end_time":0,"defaultTopTitle":"","property":[],"viewcount":null,"language":"en","relate_stocks":{},"translate_title":"美国破产法院批准CVS Health收购15个州的Rite Aid资产","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"CVS":0.9},"content_text":"U.S. Bankruptcy Court Approves CVS Health's Acquisition of Rite Aid Assets in 15 States\n    \n\n        CVS Health Corporation announced that the U.S. Bankruptcy Court of New Jersey has approved its bids to acquire the prescription files of 625 Rite Aid pharmacies across 15 states, along with 64 Rite Aid stores in Idaho, Oregon, and Washington. This transaction is pending regulatory approvals and other customary closing conditions. CVS Pharmacy aims to ensure a smooth transition for Rite Aid customers and is preparing to welcome those moving over to their services. The company is also working closely with Rite Aid to maintain uninterrupted access to pharmacy care during this period. 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