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Albertsons to buy drugstore chain Rite Aid

The privately held owner of Safeway, Vons and other grocery brands is plunging deeper into the pharmacy business with a deal to buy Rite Aid, the nation's third-largest drugstore chain, to form a new company with $83 billion expected revenue. Albertsons Companies is offering either a share of its stock and $1.83 in cash or slightly ...

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