Walgreens to Settle Rite Aid Investors' Merger Claims for $192 Million usnews.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from usnews.com Daily Mail and Mail on Sunday newspapers.
The deal filed in Pennsylvania federal court on Wednesday is subject to approval by District Judge Jennifer Wilson. A spokesperson for Walgreens and an attorney for Rite Aid investors did not immediately reply to requests for comment. The Rite Aid investors sued Walgreens and its executives over statements they made about the proposed merger between the two major U.S. pharmacy chains, which was first announced in 2015.
Walgreens Boots Alliance Inc (NASDAQ:WBA) has agreed to pay $192.5 million to settle a class action lawsuit brought on by Rite Aid (NYSE:RAD) investors,.
Walgreens to settle Rite Aid investors' merger claims for $192 million yahoo.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from yahoo.com Daily Mail and Mail on Sunday newspapers.