Rite Aid files for Chapter 11, gets $3.45 billion in fresh cash
US News: US pharmacy chain Rite Aid has filed for bankruptcy and reached a deal with creditors to reduce its debt. The company has secured a $3.45 billion cash
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US News: US pharmacy chain Rite Aid has filed for bankruptcy and reached a deal with creditors to reduce its debt. The company has secured a $3.45 billion cash
(Bloomberg) -- US pharmacy chain Rite Aid Corp. filed for bankruptcy as it looks to restructure debts, and said it will shutter more stores.Most Read from BloombergIsrael Latest: Army Says Hamas Officials Dead; Over 600,000 in Gaza Flee SouthUS Pushes to Contain Israel-Hamas War, Warns Iran About EscalationIsrael Latest: Biden and Abbas Talk as Gaza Invasion NearsGlobal Markets Stable as US Pushes to Contain Middle East WarYour Guide to Understanding the Roots of the Israel-Hamas WarAs part of a
Rite Aid, which operates more than 2,200 stores in 17 states, has filed for Chapter 11 bankruptcy protection.
Rite Aid, which operates more than 2,200 stores in 17 states, has filed for Chapter 11 bankruptcy protection.
And 'potentially significant' claims for its role in the opioid epidemic.