Rite Aid comes out of bankruptcy, is now a private company
WEBSep 4, 2024 · PHILADELPHIA (CBS) -- Months after pharmacy chain Rite Aid filed for bankruptcy and got fresh financing amid struggling sales and opioid-related lawsuits, the company says it has completed its...
Rite Aid Averts Total Closure, Wins Restructuring Plan Approval
WEBJun 28, 2024 · Rite Aid Corp. has been cleared to exit bankruptcy after winning court approval on a restructuring plan that’s poised to save the ailing pharmacy chain from liquidation by handing control of...
Newsroom Home | Rite Aid
WEBFeatured News. September 3, 2024. Rite Aid Corporation Names Matt Schroeder as Chief Executive Officer. Read More. Rite Aid Completes Restructuring Process and Emerges from Chapter 11. Rite Aid Expands Partnership with Instacart to Offer EBT SNAP Online Payment Option from more than 1,400 Locations.
Rite Aid bankruptcy plan approved, cutting $2 billion in debt
WEBJun 28, 2024 · Rite Aid used its bankruptcy to close hundreds of stores, sell its pharmacy benefit company Elixir, and negotiate settlements with its lenders, drug distribution partner McKesson and other...
WSJ: Rite Aid Strikes Deal To Transfer Control Over To Creditors ... - MSN
WEBRite Aid has struck a preliminary deal to transfer ownership of the bankrupt drugstore operator to senior bondholders while also settling lawsuits over its alleged role in overprescribing...
Rite Aid shutting down 27 more locations, bringing closure total …
WEBJun 20, 2024 · Rite Aid is closing 27 more locations as it continues to work through a bankruptcy proceeding, according to a new court filing. The store locations are in Ohio and Michigan. More than 520...
Rite Aid Takes Steps to Accelerate Transformation and Position …
WEBPHILADELPHIA, October 16, 2023--Rite Aid Corporation (NYSE: RAD) ("Rite Aid" or the "Company") today announced it has reached an agreement in principle with certain of its senior secured...
Rite Aid stores closing list and map: June 2024 locations update
WEBJun 20, 2024 · Drugstore chain Rite Aid has announced that it is closing even more store locations. The closures are part of ongoing restructuring measures from Rite Aid’s bankruptcy filing last October.
Rite Aid Bankruptcy Plan Approved, Cutting $2 Billion in Debt - U.S. News
WEBJun 28, 2024 · NEW YORK (Reuters) -A U.S. bankruptcy judge on Friday approved Rite Aid's restructuring plan, allowing the pharmacy chain to cut its debt by $2 billion and turn over control to a group of...
Rite Aid emerges from Chapter 11 bankruptcy after closing 131 …
WEBSep 5, 2024 · AP Photo/Gene J. Puskar, File. Rite Aid is coming out of Chapter 11 bankruptcy after closing over 100 stores this year. The pharmacy chain has closed 131 stores in 2024 since it first filed for ...
- Some results have been removed
Skip to content