Walgreens Buying Rite Aid

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.

Swansea has one Rite Aid store.

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

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

• Sign up for Seekonk/Swansea news alerts

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