Rite Aid has emerged out of bankruptcy, having axed about $2 billion from its debt. The company also added some $2.5 billion in exit financing, according to a press release Tuesday. The drugstore ...

CVS Health is one of the largest buyers, snapping up prescription files from hundreds of stores and fully acquiring 64 locations. Rite Aid used to be a pharmacy juggernaut with 2,100 pharmacies in 17 ...

A bankruptcy judge on Wednesday approved Rite Aid’s pharmacy asset sales to a variety of buyers, including some of the bankrupt drugstore chain’s rivals. Financial details were not disclosed, and sale ...