Rite Aid, Albertsons call off merger deal ahead of vote

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Rite Aid and the Boise grocer Albertsons called off an agreement to become a single company with the deal facing shaky prospects in a shareholder vote. Shares of the drugstore chain plunged after markets opened August 9. The owner of Safeway and other grocery brands had announced in February plans to buy Rite Aid’s more ...
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Rite Aid, Albertsons call off merger deal ahead of vote

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