FTC said to be leaning toward blocking Walgreens-Rite Aid deal

|About: Rite Aid Corporation (RAD)|By:, SA News Editor

The FTC's director of the Bureau of Competition is recommending the agency sue to block the merger of Rite Aid (NYSE:RAD) and Walgreen Boots Alliance (NASDAQ:WBA), according to Capitol Forum.

A vote by the FTC is expected next week.

Source: Morgan Stanley Special Situations Group

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