Business & Tech

Walgreens Buying Rite Aid

Barnstable has three Rite Aid locations.

Jason Claffey's profile picture
Jason Claffey, Patch StaffVerified Patch Staff Badge

Walgreens will reportedly buy Rite Aid in a mega-merger of two of the largest drugstore chains in the country.

Walgreens is expected to announce the deal as soon as Wednesday, the Wall Street Journal reported.

In Massachusetts, Walgreens operates 167 stores, while Rite Aid operates 148 stores. Combined, the stores run more than 13,000 stores in 11 countries.

Find out what's happening in Barnstable-Hyannisfor free with the latest updates from Patch.

Barnstable has three Rite Aid locations and no Walgreens.

Both companies are worth a combined $10 billion, the Journal reported.

Find out what's happening in Barnstable-Hyannisfor free with the latest updates from Patch.

This is a breaking news story. Refresh the page for updates.

Follow @PatchBreaking on Twitter for the best of local breaking news. See breaking news happening in your town? Send tips/photos to @PatchBreaking.


Get more local news delivered straight to your inbox. Sign up for free Patch newsletters and alerts.

More from Barnstable-Hyannis