CareRx Enters Deal With Rexall To Add 4,200 Beds Stephanie Bedard-Chateauneuf- April 26, 2021, 2:14 PM EDT SHARE ON: CareRx announced Monday it had signed an agreement to acquire a portion of the long-term care pharmacy business of Rexall Pharmacy Group. CareRx provides specialty pharmacy services to seniors communities. Rexall is one of the most trusted names in pharmacy. This partial acquisition adds approximately 4,200 to the total number of residents served. CareRx ( CRRX) now anticipates that it will serve more than 90,000 residents through the largest national eldercare pharmacy platform in Canada. The offer consists of C$3.5 million in cash and should close in June or July 2021. (See CareRx stock analysis on TipRanks)