Do you work for Walgreens or Rite Aid?

Some things are just inevitable. Seasons change. Marvel releases superhero movies. Walgreens thinks about buying Express Scripts. The idea of the pharmacy mega-chain buying America’s largest pharmacy benefit manager (PBM) is one of the longer-running will-they/won’t-they deals in health care M&A…

Walgreens, the biggest U.S. pharmacy chain, has been an aggressive dealmaker, buying a 45 percent stake in Alliance Boots in 2012, then combining fully at the end of 2014. It now intends to buy Rite Aid for $9.4 billion, a deal it hopes will close in the second half of this year…

Walgreens-Rite Aid deal could lead to elimination of 3,000 stores

Rite Aid stores are likely to bear the brunt of the closings. “Who will win in those instances? In most cases, it will be the Walgreens location simply because Walgreens sales per square foot are typically higher.”

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