NEW YORK (AP) — Walgreens is buying rival Rite Aid for about $9.41 billion in cash, creating a drugstore giant with nearly 18,000 stores around the world. The deal combines the largest and third-largest U.S. drugstore chains, based on store counts. And it makes one of the world’s largest pharmaceutical buyers even bigger at a […]
A big business merger was announced this week, and you are here to walk us through it this morning. Mellody: It is certainly a big deal, Tom! Kraft and Heinz, two giants in the consumer packaged goods sector, are going to merge to create the world’s fifth largest company in the food and beverage space. Kraft […]
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