KM Financial Solutions | UPDATE 4-Rite Aid and Albertsons terminate merger amid opposition to deal
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UPDATE 4-Rite Aid and Albertsons terminate merger amid opposition to deal

UPDATE 4-Rite Aid and Albertsons terminate merger amid opposition to deal

Drug store chain Rite Aid Corp and
U.S. grocer Albertsons Companies Inc agreed to terminate
their merger agreement, the companies said on Wednesday, a
little over 10 days after a shareholder advisory firm opposed
the deal.

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