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News about Rite Aid, debt reduction, creditors
News about Rite Aid, bankruptcy, Ohio
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2 days ago · Rite Aid used its bankruptcy to close hundreds of stores, sell its pharmacy benefit company Elixir, and negotiate settlements.
1 day ago · By Dietrich Knauth. NEW YORK (Reuters) - 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 ...
Jun 20, 2024 · Rite Aid is closing 27 more locations as it continues to work through a bankruptcy proceeding, according to a new court filing. The store locations are in Ohio and Michigan. More than 520 have...
2 days ago · Rite Aid will ask a U.S. bankruptcy court to approve its restructuring plan on Thursday, seeking to cut $2 billion in debt and turn over control of the company to a group of its lenders.
Mar 26, 2024 · Pharmacy chain Rite Aid has reached a settlement with its lenders, the U.S. Department of Justice, and drug supplier McKesson Corp, clearing a path for Rite Aid to complete its bankruptcy...
3 days ago · Rite Aid will ask a U.S. bankruptcy court to approve its restructuring plan on Thursday, seeking to cut $2 billion in debt and turn over control of the company to a group of its lenders. One of ...
May 15, 2024 · Rite Aid, a more than half-century-old drugstore chain, filed for Chapter 11 Bankruptcy in late 2023, but the brand is attempting to salvage its business under crisis CEO Jeffrey Stein....
Oct 15, 2023 · Rite Aid, one of the largest pharmacy chains in the United States, filed for bankruptcy on Sunday, weighed down by billions of dollars in debt, declining sales and more than a thousand...
Oct 16, 2023 · PHILADELPHIA — Major U.S. pharmacy chain Rite Aid said Sunday that it has filed for bankruptcy and obtained $3.45 billion in fresh financing as it carries out a restructuring plan while...
Oct 15, 2023 · 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 expensive legal...
