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Retail pharmacy chain Rite Aid has emerged out of bankruptcy after slashing about $2 billion from its debt, the company announced last week. The company also added about $2.5 billion in exit...
A U.S. bankruptcy judge on Friday approved Rite Aid ’s restructuring plan, allowing the pharmacy chain to cut $2 billion in debt and turn over control of the company to a group of its lenders.
Rite Aid filed for Chapter 11 bankruptcy protection on Sunday in New Jersey, citing slumping sales and more than a thousand lawsuits linked to its alleged role in the U.S. opioid crisis as the...
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...
(Reuters) -Rite Aid will operate as a private company after it successfully completed its financial restructuring and emerged from Chapter 11 bankruptcy, the U.S. drugstore chain said on...
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 lenders.
New York CNN — Rite Aid filed for Chapter 11 bankruptcy protection Sunday, a casualty of a miserable environment for drug stores, exacerbated by its runner-up status to bigger chains and...
Drugstore chain Rite Aid filed for bankruptcy as it faces a mounting debt pile, slowing sales and lawsuits alleging it oversupplied painkillers.
Rite Aid, a national chain retail drugstore, has filed for Chapter 11 bankruptcy as it faces increasing financial stress related to opioid lawsuits and other financial pressures.
Rite Aid is reportedly preparing to declare Chapter 11 bankruptcy, the Wall Street Journal reported Friday, citing unnamed sources, a move that would halt lawsuits over allegations that the...