Major US pharmacy chain Rite Aid files for bankruptcy
Written by Black Hot Fire Network on October 16, 2023
Major U.S. pharmacy chain Rite Aid says it has filed for bankruptcy and obtained $3.45 billion in fresh financing as it carries out a restructuring plan while coping with falling sales and opioid-related lawsuits
October 16, 2023, 12:57 AM ET
• 2 min read
PHILADELPHIA -- Major U.S. pharmacy chain Rite Aid said Sunday that it has filed for bankruptcy and obtained $3.45 billion in fresh financing as it carries out a restructuring plan while coping with falling sales and opioid-related lawsuits.
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