Rite Aid Is Pursuing a Strategic and Value-Maximizing Sale Process During Bankruptcy

Philadelphia, PA…Rite Aid Corporation (“Rite Aid” or the “Company”) announced that it is pursuing a strategic and value-maximizing sale process for substantially all of its assets. To facilitate this process, the Company and its subsidiaries commenced voluntary Chapter 11 proceedings in the U.S. Bankruptcy Court for the District of New Jersey. During this process, Rite […]