Rite Aid-Albertsons deal clears key US antitrust hurdle
The merger of pharmacy chain Rite Aid with grocery store giant Albertsons has cleared a key U.S. antitrust regulatory hurdle, keeping the deal on a path to approval later this year. Rite Aid said the "waiting period under the Hart-Scott-Rodino Antitrust Improvements Act" has expired, which is a good sign, especially amid major healthcare industry consolidation that could trigger challenges from regulators.
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